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 ...

Yes, Carl. Just hitting the wires, our November preliminary view of University of Michigan Senate and the accompanying inflation indications. Headline number comes in light.50.3%, very light. We were supposed to get a number 53. Our last final look was 53.6%.50.0% 0 would be the weakest since well the all-time low which was 50 and 50 came in at June of 22 that is the low if you go back to the 70s that's still the low so very close 52.3% on current conditions another huge miss 52.3% well you're now going bac ...

I am welcomed by Portia Archer, the leader of the WTA CEO, and she's joining me from Saudi Arabia right now that you can't tell from the background. Hi, Portia. Hi Alex.How are you good. I was looking at the results of the WTA finals, which are in Reid. And it struck me that it was sort of been either one three set match after another or just a different compilation of winners during the round robin portion of the finals.And you know, it reminded me again that the women's tour right now is in such a markedl ...

First, let me give you the jobless claims data. It's gathered individually from the states, seasonally adjusted by Haver Analytics, our data provider, rising by 10,000 on the week. Still a modest 229.You can see that in the next chart. They're rising. It's the top of the range where they've been the past several months, but not really through the roof, though.Continuing claims that keeps edging higher together with that surge in mass layoffs that we reported yesterday from Challenger. Well, that suggests ma ...

there's no there's not as much innovation over there and if we import those price controls here the argument is from the pharmaceutical industry that they're not going to be able to afford innovation and testing out new drug is is that totally false or is the truth somewhere in the middle >> I think that specific narrative is false and I my evidence for that is all these drug companies Eli Liy and Novo Norris are well-run companies their CEOs were in the Oval Office they came there willingly they were not h ...

Welcome back. A firm shares this morning rising on the back of an earnings beat. Although the stock has given up some of the initial jump, the buy now pay later company reporting a record 20 41 million transactions last quarter.More than 24 million active consumers added another 500,000 users to its debit card. And while the stock is up today, it's still down more than 20% from the 52- week high in September. Joining us first on CNBC this morning is the firm's founder and CEO, Max Lechin.Max, happy Friday. ...

into this country I feel like started to get a little bit away from the administration on that as you know the months have gone on and people realize they're paying more for stuff and especially as you head towards the holidays and you hear from some of the toy companies and things like that about what the impact may be going into December it's all part of the macro picture very complicated right now given the shutdown let's get the opening bell here in the CNBC real time exchange at the big board it's penc ...

As the government shutdown continues, the FAA has ordered a 10% reduction of flights across 40 major US airports. It'll likely be a chaotic time for travelers, experts say. So, here's what you need to know to protect your travel plans.I'm Sharon Eper, CNBC's senior personal finance correspondent and the author of the Money 101 newsletter. If you're traveling during the shutdown, download the airlines mobile app and enable notifications so you can stay on top of cancellations and schedule changes. Airlines h ...

CNBC's Phil LeBeau joins 'Squawk on the Street' from American Airlines operations center. ...

Operational Impact of Government Shutdown - The airline is experiencing flight cancellations due to the government shutdown, impacting travel schedules [1] - Initially, 220 flights were canceled out of 6,200, representing approximately 35% of total flights [1] - The airline is focusing cancellations on smaller aircraft and reducing flight frequencies on certain routes [2] - The level of cancellations is expected to increase over time, potentially causing further disruptions [3] Customer Impact and Mitigation - Approximately 10,000 passengers may need to reschedule their travel plans due to the cancellations [3] - The airline is proactively informing customers about travel disruptions well in advance of their airport arrival [4] - The cancellations affect a small portion of the airline's 650,000 daily customers [5] - The airline is committed to ensuring customers are taken care of despite the disruptions [5] Safety and Commendation - Safety remains the top priority for the airline [5] - The airline commends air traffic controllers and TSA agents for their work [5] - Administrator Bedford is acknowledged for addressing the situation proactively [5]