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Consumer prices rose 2.4% annually in February, as expected
CNBC Television· 2026-03-11 14:25
This is the February read. Headline number expected to be up 3/10. Andrew delivers exactly up 3/10.And the rearview mirror still unrevised is up 210. We had a lot of up 310 last year. Find a higher number.You're going all the way back to January of 25. The high water mark last year was January and that was uh up 4/10. Now if we strip out food and energy and come up with the core expected up 2/10, that's exactly where it comes out.up 210. Here we go with the year-over-year numbers and zero progress, but not ...
Andrew Yang on AI's impact on jobs, Anthropic's battle with the Pentagon and NYC Mayor Mamdani
CNBC Television· 2026-03-11 14:12
Joining us right now is Andrew Yang. He's the founder and CEO of Noble Mobile, a former Democratic candidate for president and New York City's uh mayor. He's also the author of Hey Yang, Where's My Thousand Bucks, which debuted last month.Good morning to you. You got the book uh right here. We got about a million things uh to talk to you about AI. We want to talk about New York. We're going to talk about taxes.Where do you want to start this morning. Um, I just came from an AI conference out west and holy c ...
Microsoft backs Anthropic in Pentagon blacklist battle, urges temporary restraining order
CNBC Television· 2026-03-11 14:11
Microsoft uh making what in this environment arguably is a very unusual move. It is backing anthropic in its AI startups fight uh with the Pentagon uh which is more broadly with the Trump administration. In a court filing, Microsoft in what's called an amicus brief, which is a friend of the court, effectively saying a judge should issue a temporary restraining order that would block the defense department's designation of anthropic as a supply chain risk for all existing contracts without an order.Microsoft ...
Former Cleveland Fed Pres. Mester: High gas prices are salient for people's inflation perceptions
CNBC Television· 2026-03-11 14:08
All right, now for a closer look at this morning's CPI number and implications for the Fed. We want to bring in former Cleveland Fed President Loretta Mester. She's a senior scholar at Princeton's Griswald Center, adjunct professor of finance at UPens's Wharton School, and the CNBC contributor.And Loretta, did the number today change anything about how you see the economy. It was pretty much in line in many ways. >> Yeah, I mean, it didn't really change anything for me.It came in along expectations which wa ...
Microsoft backs Anthropic in Pentagon blacklist battle, urges temporary restraining order
CNBC Television· 2026-03-11 14:07
Welcome back to Squatbox. Microsoft uh making what in this environment arguably is a very unusual move. Uh it is backing anthropic in its AI startups fight uh with the Pentagon uh which is more broadly with the Trump administration.In a court filing, Microsoft in what's called an amicus brief, which is a friend of the court, effectively saying a judge should issue a temporary restraining order that would block the defense department's designation of anthropic as a supply chain risk for all existing contract ...
Wharton's Jeremy Siegel: The Fed still has room to cut interest rates this year
CNBC Television· 2026-03-11 14:06
Joining us right now, the professor Jeremy Seagull, uh, Professor Mmeritus at of finance at the University of Pennsylvania's Warden, a school of business, also chief economist at Wisdom Tree. How do you even begin to think about where we are in uh maybe what we're calling an excursion or maybe a war in the Middle East and and what it's ultimately going to mean for the markets right now, professor? Yeah, let me let me speak to the inflation first and maybe Fed cuts which we were just talking about. Um, first ...
RockCreek Group CEO: Oil prices have been all over the place since the war started
CNBC Television· 2026-03-11 14:01
Afsaneh Mashayekhi Beschloss, Founder and CEO of RockCreek Group, says war driven energy shocks could raise inflation and volatility, warning disruptions in oil, LNG and fertilizer markets may ripple through the global economy. ...
5 Things To Know: March 11, 2026
CNBC Television· 2026-03-11 11:10
CNBC’s Becky Quick reports on the 5 things to know on March 11, 2026. ...
Celsius Holdings CEO John Fieldly: Biggest opportunity for us is the convenience channel
CNBC Television· 2026-03-10 23:57
>> RECENTLY WE GOT THIS TERRIFIC QUARTER FROM CELSIUS HOLDINGS, THE ENERGY DRINK MAKER, WHICH REPORTED 117% SALES GROWTH. HUGE EARNINGS BEAT IN RESPONSE TO STOCK JUMPED JUSTIFIABLY 7%. AND THAT WAS ON TOP OF A 74% GAIN LAST YEAR.BUT THIS WAS BEFORE THE WAR WITH IRAN BROKE OUT, CAUSING ENERGY PRICES TO SURGE, WHICH IN TURN CRUSHED ALL SORTS OF CONSUMER STOCKS. CELSIUS INCLUDED STOCK FELL 20% LAST WEEK. IN OTHER WORDS, I THINK YOU'RE GETTING THAT SPECTACULAR QUARTER FOR FREE NOW.COULD THIS BE THE BUYING OPPOR ...
Microsoft says court should temporarily block Pentagon's blacklist of Anthropic
CNBC Television· 2026-03-10 23:56
We've got a news alert on the ongoing Anthropic Pentagon feud. Kate Rooney's got the details. Kate.Hey Melissa. So, Microsoft now getting involved here, throwing its support behind Anthropic in this ongoing fight with the Pentagon, filing an amicus brief supporting the AI company. Microsoft advocating here for a temporary restraining order that would block the Pentagon supply chain risk designation.That is what Anthropic has already asked for. They sued the Trump administration yesterday, calling the govern ...