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K-shaped economy puts pressure on women, as lower pay and higher costs reduce spending
CNBC Television· 2026-03-09 21:15
The latest jobs data from the Labor Department highlights a widening split in the K-shaped economy, not only by income, but also gender. The unemployment rate for women held steady for the first two months of 2026 at 4.1% according to the latest data from the Bureau of Labor Statistics. But that figure mass the sharp rise in Latina and black women who are out of work and the pay disparity in the type of jobs that women hold.Women joined the labor market at nearly three times the rate of men last year, rever ...
U.S. oil closes slightly higher near $95 per barrel after spiking as high as $119 earlier in session
CNBC Television· 2026-03-09 19:40
All right, moments ago, the oil market closed, and this is amazing. Okay, oil closed up 4%. It's at 94.448%. It's not cheap.Nobody's saying oil is cheap, but oil was $120 what, 10 hours ago. Last night when oil began trading, it soared 35%. The greatest single move, one day move percentage-wise in the history of modern oil trading.It fell back $25 per barrel. A50 $60 round trip for the price of crude oil >> in 8 12 hours. I mean, it's really. ...
OpenAI executives pivot on expanding Stargate to put capacity in other locations
CNBC Television· 2026-03-09 18:47
Open AAI reportedly [music] will not be expanding its data center deal with Oracle that has shares down 3% today. Dear Jabosa has more in today's tech check. Dearra.Hey Kelly. So OpenAI executives they're saying that they're instead choosing to put additional capacity into other locations because it turns out the chip cycle moves faster than data center concrete drives. And Oracle is finding that out the hard way.A source familiar with OpenAI thinking tells me that the calculus was straightforward. the comp ...
Anthropic sues Trump administration over Pentagon blacklist
CNBC Television· 2026-03-09 18:11
The fight between the Pentagon and AI giant Anthropic is entering entirely new territory. The Department of Defense officially designated Anthropic as a supply chain risk, and that is an unprecedented level of hostility between any American tech company and the US government. Anthropic is now the only American company ever to get this label, which has been historically used for companies that pose a national security threat from foreign adversaries.Recent examples include Chinese and Russian companies accus ...
Women under pressure in K-shaped economy as lower pay and affordability issues reduce spending
CNBC Television· 2026-03-09 18:03
The latest jobs data from the Labor Department highlights a widening split in the K-shaped economy, not only by income, but also gender. The unemployment rate for women held steady for the first two months of 2026 at 4.1% according to the latest data from the Bureau of Labor Statistics. But that figure mass the sharp rise in Latina and black women who are out of work and the pay disparity in the type of jobs that women hold.Women joined the labor market at nearly three times the rate of men last year, rever ...
LIVE: President Trump holds a news conference in Miami — 3/9/2026
CNBC Television· 2026-03-09 18:00
President Trump holds a news conference at the Doral Ballroom in Miami on Monday. 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 updates CNBC is the leader in business news worldwide. ...
How Middle East turmoil will impact the ongoing market sector rotation
CNBC Television· 2026-03-09 17:47
And welcome back to the halftime report. I'm Dominic Chu with your ETF edge. Much has been made of this ongoing market sector rotation, but where does that stand amidst all the market turmoil in the Middle East.Joining me now for that conversation is Kim Arthur, the CEO and portfolio manager over at Maine Management. And one of the things, Kim, that you do is run a sector rotation fund. So talk to us about how that sector rotation is playing out visav what's happening in the Middle East.>> Great Dominique. ...
How to trade higher oil amid the Iran war
CNBC Television· 2026-03-09 17:46
RIGHT NOW YOU CAN SEE WE ARE IN THE RED ACROSS THE BOARD. BUT AS WE MENTIONED THE NASDAQ JUST FRACTIONALLY AWAY FROM BEING FLAT. THE DOW DOWN JUST ABOUT 430 POINTS.THE S&P PULLING BACK ABOUT A HALF OF 1%. YOU CAN SEE OIL OVER 5.5% BUT WELL BELOW $100 A BARREL RIGHT NOW TRADING AT JUST ABOUT $96 A BARREL. AND I THINK THAT'S WHERE WE HAVE TO START.JOE, THE IMPACT THAT THE RISE OF OIL PRICES HAVE HAD ON THE BROADER ECONOMY, I HAVE TO INCLUDE IN THERE ALSO DIESEL PRICES HERE IN THE U.S. WE'RE GOING TO TALK MORE ...
CNBC Founder Tom Rogers: We put free market capitalism on America's daily agenda
CNBC Television· 2026-03-09 17:45
The two things that really make America what America is is free expression along with free market capitalism. And those two themes are really the bedrock of what makes the United States such a great country. When the United States was created, there was plenty of newspapers and that evolved into radio and television and digital.But until 37 years ago when we created CNBC, there was really no daily window into the world of free market capitalism for the average citizen. So when we think about the 250th anniv ...
Airbus North America CEO Robin Hayes on impact of war in Iran on aviation industry
CNBC Television· 2026-03-09 17:37
>> WELCOME BACK. AIRBUS WITH PLANS TO EXPAND ITS U.S. PRODUCTION FOOTPRINT. BUT THIS WAR IN IRAN AND A SURGE IN JET FUEL PRICES COULD IMPACT THAT.OUR PHIL LEBEAU IS IN SAN DIEGO WITH MORE ON THAT STORY. HEY PHIL. >> GOOD MORNING CARL.ROBIN HAYES, CEO OF AIRBUS NORTH AMERICA, JOINING US HERE AT THE ISTAT CONFERENCE IN SAN DIEGO. HERE WE ARE. WE'LL TALK ABOUT PRODUCTION FOR AIRBUS AND NORTH AMERICA IN JUST A LITTLE BIT.BUT FIRST LET'S TALK ABOUT THE MIDDLE EAST, THIS CONFLICT. WHAT WE'RE SEEING WITH JET FUEL ...