Get ready. We got seven minutes before uh the final bell for the week. I'm thinking, man, we're getting close to the final bell for the year.Is >> that something. >> It happened. Uh but we got a mad dash.Talk a little Wells Fargo. >> Something we talked about earlier this week. There's a change in Wells Fargo.This was a bank that we said they were around the table, the kitchen table. Now they're around the table, the deal table. Well, David, you have said over and over again, you've seen the names of the pe ...

>> WHY DON'T WE GET OVER TO STEVE LIESMAN. HE'S GOT A VERY SPECIAL GUEST THIS MORNING. A SPECIAL INTERVIEW WITH NEW YORK FED PRESIDENT JOHN WILLIAMS.STEVE. >> ANDREW. THANK YOU.YES, I AM HERE AT THE NEW YORK FED WHERE I'VE BEEN. WE DON'T KNOW HOW MANY YEARS IN A ROW NOW, BUT SEVERAL WITH PRESIDENT JOHN WILLIAMS FOR A TRADITIONAL DECEMBER HOLIDAY INTERVIEW. WELL, WELCOME BACK, STEVE.THANKS. AND JOHN, I WAS JUST REMARKING ABOUT HOW GREAT OUR TEAMS ARE WHO SCHEDULED THIS MONTHS IN ADVANCE, KNEW THERE WOULD BE ...

Tik Tok CEO telling employees that its parent company Bite Dance has reached an agreement to create a new US joint venture that will hold the US version of the app and that will be majority owned by US investors. Kevin Meyer Meyer is the founder and co-found co-CEO of Candle Media. He's also the former CEO of Tik Tok and the former COO of Bite Dance.And CNBC's Beijing bureau chief Ununis Yun is here as well. She joins us here at the NASDAQ this morning as well. So folks, let's run through this.Um, first of ...

Inflation Analysis - CPI data shows encouraging signs of disinflation, but some technical factors related to data collection issues in October and early November may have distorted the headline CPI reading, potentially pushing it down by approximately 01% [3][4][5] - The distortion is attributed to data collection occurring primarily in the second half of November when sales are prevalent, and issues with rent data [6] - The industry awaits further data in the next month or two to better assess the impact of these technical factors on inflation readings [7][8] Labor Market Assessment - Employment reports indicate steady job gains, particularly in the private sector, and moderate growth [9] - Technical factors related to data collection in October may have temporarily boosted the unemployment rate in November, potentially by around 01%, suggesting an adjusted unemployment rate of approximately 45% [10] - The labor market is experiencing a gradual cooling, with no signs of a sharp deterioration [11] Monetary Policy Stance - The Federal Reserve's monetary policy is currently well-positioned to gather more information and assess the economic outlook and risks to achieving employment and price stability goals [14] - Current data is broadly consistent with patterns observed, supporting the decision to cut interest rates at the last meeting, but is not yet a "game changer" [13] - The Federal Reserve is aiming to stabilize the labor market and bring inflation down to 2% without causing undue harm to the labor market, indicating a balancing act [16] Neutral Rate Discussion - The real interest rate, adjusted for inflation, is estimated to be around 1% to 125%, which is within the range of neutral rate estimates [19] - The speaker's personal view is that the neutral rate is likely a bit below 1%, suggesting that monetary policy is still mildly restrictive [20]

Government & Economics - Government's primary role is to mitigate sources of unhappiness, particularly by maintaining stable price levels to preserve purchasing power [2][3] - Inflation was a top concern for voters, influencing their choices in elections [4] - Government acknowledgment and attention to economic problems like inflation is crucial to avoid public frustration [5] Money & Happiness - Accumulating material possessions does not lead to lasting happiness due to hedonic adaptation [7][8][9] - Experiences shared with loved ones, such as vacations, significantly contribute to happiness by creating lasting memories [9][10][25] - Allocating resources to buy time, such as paying for services to free up personal time, can increase happiness if the time is used purposefully [11][12] - Charitable giving to causes one is passionate about brings joy and satisfaction [13][15] - Saving money provides a sense of security and progress, contributing to overall happiness and future well-being [23][24] - Consumer debt, especially credit card debt, negatively impacts happiness, while mortgages are viewed differently as they represent progress [23][24] - Supporting causes or charities aligned with friends can strengthen relationships and bring happiness through collaboration [18][19][20]

So o over a month, Steph, Meta is the only one of the the right in the sweet spot AI stocks that is higher. It's up 3%. Everything else has had decent pullbacks.Coreweave down 7 and a half, Oracle down 10. We we've been saying that this trade is going to be difficult to see stabilization without Oracle and Coreweave stabilizing, right. because they're the ones that are in the eye of the the whole storm.I'm reminded what Apollo's Mark Rowan said in an interview last week about what's happening with some of t ...

Medline $6 billion IPO closing out a strong year for public listings. Joining us right now with what to come in 2026. Ben Narrison, founder of Tenacity Venture Capital.Good morning to you. Uh lot of excitement about a big year ahead. Lot of big IPOs maybe in the mix including SpaceX anthropic.I don't know whether you think Open AI is going to get there or not in at least in the next calendar year. But um where do you think we really are in these markets right now, Ben. Well, I think, you know, we talked abo ...

Retail Trends - The retail industry anticipates a surge in in-store shopping as shipping deadlines approach [1] - Adobe Analytics predicts that 32% to 37% of online orders will be picked up in stores during the final days before Christmas, which is around triple the typical percentage for the rest of the year [3][4] - Walmart's survey indicates that 80% of their customers plan to shop in stores in the final two to three days before Christmas [9] Company Performance & Strategies - Around 75% of orders placed on Target's website or app this season have been fulfilled by order pickup or drive up [3] - Target reports a 90% cost savings on pickup orders compared to brown box delivery from a fulfillment center [5] - Target's pickup orders are typically ready within about 90 minutes [4] Consumer Behavior - Kohl's, Bath & Body Works, and Dick's Sporting Goods report significant increases in pickup orders in the week leading up to Christmas, with Kohl's seeing more than double [5][6] - Almost a third of shoppers at Bath & Body Works make additional purchases when picking up online orders in store [6] - Starbucks caramel brelay latte is a popular addition for Target's drive up orders [8]

This year's Yale Legend in Leadership Award is being awarded to LVMH CEO Bernard Arnault. CNBC's Sara Eisen speaks with Arnault exclusively following remarks from Anna Wintour, Conde Nast artistic director, Stephen Schwarzman, Blackstone chair and CEO and entrepreneur and philanthropist, Ivanka Trump. 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 » ...

Philanthropic Trends - Charitable giving reached an all-time record of $590 billion [1] - Corporate giving is at its highest level in 40 years, driven by its role as a business strategy [1] - Giving Tuesday saw a 13% year-over-year increase, with $4 billion donated by 38 million people [1] - Individual giving is also on the rise, alongside corporate giving [3] - Donor advised funds are growing, with expectations of a 10-20% year-over-year increase [3] Corporate Giving Strategies - 50% of young adults are more likely to buy from brands that give back [2] - Almost 60% of consumers are willing to pay more for products from companies that do good [2] - 70% of employees want to work for companies that give back and offer matching gift programs [6] - Matching gifts are increasing, including those tied to consumer programs [6] New Charitable Vehicles - New government vehicles for charity, such as "Trump accounts," are emerging, potentially impacting traditional charities [8][9][10]