The president uh is constantly saying prices have come down. Now inflation is still 3%. It's still too high.Now oil prices, energy prices, there are certain uh things where they have come down. But when you keep saying prices are falling, that's not true. Uh because inflation is still it's the 3% is on top of all the inflation we had uh during the Biden years.So we got all that inflation plus an additional 3%. And we should I think you should admit that >> a more a more precise way to say it though, Joe, is ...

Greg Tuorto, Goldman Sachs Asset Management portfolio manager, joins CNBC's 'Squawk on the Street' to discuss why he's bullish on small caps, expectations for small caps in the next Fed rate cut cycle, and much more. ...

very steep declines in crypto prices over the weekend, adding to doubledigit losses for the month so far when it comes to Bitcoin. Mackenzie Sagalas has a look at what has been driving those declines. Mac, >> hey David, it was a brutal weekend for crypto.Bitcoin sank below $93,000 on Sunday, its lowest level since April, extending a slide that has wiped out nearly all of this year's gains. Now, traders are pointing to weak Asia demand, a leveraged unwind, and a rotation into crypto proxy stocks. But now, Bi ...

Government data is back. Let's get to Rick Santelli. Morning, Rick. Good morning.And holy cow, we actually have some data here. Construction spending, this is an August number. It was supposed to be released on October 1st.Sep number was supposed to be released two weeks ago, but nonetheless up 2/10 of a percent is our August read. And last month, which in this case was July, was upgraded also to up 210 from minus 110. These two readings are tied for the best readings of the year.As a matter of fact, you ha ...

New York Fed uh President John Williams met last week with banks uh that underwrite the government's debt about and he met about a key short-term lending facility. Williams asked for feedback on the use of the Fed's standing uh repo facility which allows institutions to borrow cash from the Fed in return for highquality collateral like treasury bonds. Central bank officials view the tool as helpful in keeping short-term borrowing costs within their intended range.The news uh comes amid some concern about st ...

And is the labor market in your view and we're going to hear more about it on Thursday. We'll finally get some numbers. >> Is it slowing at this point.And is uh on the other side the other part of the mandate uh is inflation uh are we seeing the beginnings of of another trend higher or do you think that's uh headed lower. No, I I I think on inflation, you know, the last CPI report we got surprised 48 Bloomberg economists on the downside and even had some sort of temporary bad news because there was a refine ...

question. [cheering and applause] >> It takes down a key pillar of the board. >> That was absolutely baked in the idea that we're going to get him, but we don't need him.Yeah, [applause and cheering] >> Mike's going to stick around. Let's get this opening bell on the CNBC real time exchange at the big board. It's Webster Bank based in Connecticut, celebrating 90 years at the NASDAQ.It's a Marisafe provider of workers comp insurance celebrating its 20th listing anniversary. Um, [applause] we did hold last Fr ...

Big moves in some of the top weighted stocks for the week. Nvidia, Tesla, Palunteer, Broadcom, Amazon, all down between anywhere from 2 to 8% as you can see there in that graphic. So, what's behind the move.And have we fallen too far too fast. Let's bring in Frank Cavaleri, founder and CEO over at Capthesis. He's also a CNBC pro contributor.Also with us is Sarah Kun, the managing director at Cleo Capital. Uh we're going to have a kind of more roundtable conversation about this because we'll have varying vie ...

We got to get I don't know some optimism, pessimism. Let's see what Jeremy Seagull's got to say this morning. Professor Ameritus of finance at the University of Pennsylvania's Warden School of Business, also chief economist at Wisdom Tree.Where do you stand, Professor. >> Well, uh Andrew, you said earlier about uh you know, how has the past looked when you invested 23 times earnings of you know, it's certainly a very a very good and apt apt question. Um I would I would answer I would answer the following.Um ...

Strauss Zelnick, Take Two interactive chairman and CEO. Always good to see you. Nice to be here.I always need a primer on this. And maybe the guy in the in my ear should be giving me questions because I don't I don't play video games, and you need to pretend that you're talking to someone that doesn't have kids. I do, but they're older now.What's the state of the video game business right now. >> It's the the the fastest growing part of the entertainment business has been for some time. Amazing.So in mid 22 ...