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The wealthy once rushed to Dubai. Now they're scrambling to leave
CNBC Television· 2026-03-06 15:01
Right now, wealthy residents of Dubai scrambling this week to book private jets and charters out of Oman or Saudi, wherever they can get out. A private jet now costing about $250,000 or more just to get you out of there. Now, this wealth flight marks a big turnaround for an emirate that until this week led the world in attracting millionaires.Last year, nearly 10,000 of the world's millionaires moved to Dubai, bringing along $63 billion in wealth. Dubai offered the three things that the wealthy want most. S ...
San Francisco Fed Pres. Daly on February jobs report: No one month of data is decisional
CNBC Television· 2026-03-06 14:57
A big interview now after the February jobs report. Uh, not a great report. We'll talk about what it means.Steve Leeman joins us with San Francisco Fed President Mary >> D. Just completely robbing me, Andrew, of a trip out to San Francisco. >> Well, I could have great to have her at the table.>> Um, yes. No, and and and saving me the trip, I guess, depending upon the Mary Daily, thank you for joining us. >> Oh, my pleasure.>> At an incredible time in terms of what's going on. I I let's focus right now on wh ...
Coalition for Prediction Markets CEO on regulation: There are serious issues we need to contend with
CNBC Television· 2026-03-06 14:54
Sean Maloney, Coalition for Prediction Markets CEO and former U.S. Congressman, joins 'Squawk Box' to discuss regulating prediction markets, inside trading concerns, what regulations should be put in place, and more. ...
Paramount may unwind WBD’s sports strategy if merger goes through
CNBC Television· 2026-03-06 14:53
CNBC’s Alex Sherman joins 'Squawk Box' to discuss how Paramount's deal for Warner Bros. Discovery could open up the potential for big changes in sports media. ...
Vast CEO Max Haot on raising $500M in new investment round
CNBC Television· 2026-03-06 14:51
Vast CEO Max Haot joins CNBC's Morgan Brennan to discuss the commercial space station developer's first significant investment round, the future of human inhabitation in space, how his company differs from competitors, and more. ...
Torsten Slok: The risk now is that the economy may begin to accelerate
CNBC Television· 2026-03-06 14:48
Torsten Slok, Chief Economist at Apollo Global Management, says AI investment, tax policy and stronger hiring could accelerate the U.S. economy, raising overheating risks and potentially forcing the Fed to delay or reconsider rate cuts. ...
U.S. payrolls unexpectedly fell by 92,000 in February; unemployment rate rises to 4.4%
CNBC Television· 2026-03-06 14:23
Here we go. This is the big Feb job jobs report. Non-farm payrolls minus 92,000 minus 92,000.That is a biggie. Minus 92,000 in last month's 130K downgraded to 126,000 minus 92,000. Well, what would that comp to minus.Wow. 185 in December of 2020. There's where our comp is now.That means we have a revision over 2 months now of -69,000. Average hourly earnings always important. Up 4/10, a little bit better than expected.Uh up 4/10 would equal where we were in the rear view mirror to find a higher number. You' ...
What Jim Cramer thinks of the move in enterprise software stocks
CNBC Television· 2026-03-06 00:18
This morning we had a monster reversal of something that's plagued this market for a while. The awkwardly named halo trade. Halo means heavy asset low obsolescence companies.In the man of search for something, anything that might be immune to AI, money managers seized on industrial companies that face no competition from AI. If anything, this technology will only make them more efficient. So we gravitated to the honey wells, the new corores, RTXs, any company that help us build out data centers.The halos, c ...
Dow tumbles nearly 800 points as surging oil prices raise fears about economic toll of Iran conflict
CNBC Television· 2026-03-05 21:30
Stocks falling today as crude prices rise. Dow down about 800 points, the S&P 500 down about 40 points, and the Nasdaq down about half a percent. The Russell though the hardest hit, off by about 2%.Some of this year's leaders were the big lagards, industrials, materials, and staples. Consumer discretionary, meantime, eking out some gains. ...
Friday’s market may struggle amid current news cycle, says Cerity Partners' Jim Lebenthal
CNBC Television· 2026-03-05 21:25
All right, Jim Labenthal, give me your thoughts on this market which is well off of its lowest levels. It's still so unsettled, though. >> Yeah, unsettled.And I think Mike used the word uncomfortable. That's a good word for it. I think we need to be prepared that Fridays with this sort of news cycle are not likely to be good days because there's three days ahead where the markets will be closed and anything can happen.So, as much as we've gotten used to these intraday rallies to be much higher at the close ...