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Massachusetts is 2025 Most Improved State for Business, boosted by financial independence from D.C.
CNBC Television· 2025-07-11 14:30
What our top state study taketh away, it giveth. Massachusetts, the Bay State, surges 18 spots after dropping 23 places last year. Massachusetts still has issues.The second most expensive state to do business in and one of the least businessfriendly, but also among the least dependent on a shrinking federal government that helps insulate the economy. Still, Massachusetts is a major recipient of federal research grants under fire by the Trump administration. The state is trying to fund some of its own resear ...
Opening Bell: July 11, 2025
CNBC Television· 2025-07-11 14:26
in any ways gonna bow out here though. No. No.What I love he's a pretty strong little guy. One of my one of my I talk about what could really go wrong in the market for my speech today for the club is having the president named the second chair while he's shadowed chairman. I you know what I don't like I mean look I think that we're all you know we're TV people but we're also people.Uh, at what point uh does someone have no shame. I I I think those charges, you'll look back and you'll say, "Boy, I wish I ha ...
Worldwide Exchange: ETF Flows Week of July 7
CNBC Television· 2025-07-11 14:01
ETF Market Trends - ETF market is on track for over $1 trillion in net inflows year to date, indicating strong investor confidence despite market volatility [1][2] - Uncertainty in the market drives advisors and investors to ETFs due to their structure [2] - Defined outcome ETFs, also known as buffered ETFs, mitigate risk by limiting both downside and upside [3] - Defined outcome ETF launches represent 15% of total launches this year, despite accounting for only about 0.5% of total assets [4] Defined Outcome ETFs and Investment Strategy - Defined outcome ETFs allow advisors to know potential outcomes before investing [5] - 90% of surveyed advisors believe the market won't return more than 10% over the next 12 months, leading them to seek hedged investment strategies [6] - Dual directional ETFs allow investors to profit in both positive and negative markets, tracking S&P 500 performance up to 8.7% in positive markets and inversely up to 15% in negative markets [8][9] - Innovator ETFs utilizes options to provide certainty in defined outcome ETFs, including dual direction ETFs [11] - Defined outcome ETFs are "set it and forget it" strategies with options set for a one-year outcome period, ensuring a defined outcome in any market condition [13]
North Carolina is America's Top State for Business in 2025, led by a strong workforce and economy
CNBC Television· 2025-07-11 14:00
Hi, I'm Scott Cohen aboard the USS North Carolina in Wilmington. It's America's top state for business. On top of our annual rankings that we released on CNBC, North Carolina has a really strong economy, great workforce, a businessfriendly state.You can see where your state ranks, the top states, the middle states, the bottom states at topstates. cnbc. com.cnbc. com. ...
The Wrap-Up for Friday July 11
CNBC Television· 2025-07-11 13:57
Welcome back to Worldwide Exchange. As we close in on the 6 a. m.hour, a check on a few big stories that we're following this morning. President Trump announcing the US will apply 35% tariff to all imports from Canada beginning next month, reviving tensions with a major trade partner. The president also revealing he plans to impose blanket blanket tariffs of 15 or 20% on most of our trading partners.Secretary of State Marco Rubio making some comments after meeting with China's foreign minister in Malaysia t ...
Cramer's Mad Dash: Amazon
CNBC Television· 2025-07-11 13:50
Welcome back. Uh time for a Friday version of the mad dash for which we are standing nice. All right, let's uh let's talk one of the biggest companies that is out there, Amazon.You know, I want to go away from the Amazon Prime. A lot of people are saying it's good luck. There's an excellent piece today by Morgan Stanley, but it's not about Prime. It's not about retail.It's about Amazon Web Services, which you have long reminded me is really where the money is. Well, the margins there are incredible and adve ...
Original Birkin bag sells at auction for record 8.6 million euros
CNBC Television· 2025-07-11 13:46
Jane Berkin's original Hermes bag just sold at auction for a massive $8.6% million. That's equal to about€ 10 million US. Sues said only one fashion item has ever sold for more at auction.A pair of red slippers from the Wizard of Oz, which sold for $32.5% million last year. Bidding for the original Birkin started at €1 million, but quickly shot up. A Japanese buyer topped the rest at €7 million.Add on the fee, and we get to a whopping €8.6% million. The previous record for handbag at auction $513,000. The A ...
Nvidia's China ban effectively hands country's AI market to Huawei, says Bernstein's Stacy Rasgon
CNBC Television· 2025-07-11 13:42
Nvidia, the first publicly traded company to hit the $4 trillion market cap at yesterday's close, is down slightly this morning ahead of the opening. Uh joining us now for more on Nvidia's rally and what is next for the chip sector, Stacy Rasgen, Bernstein, senior US semiconductor analyst. Stacy, great to see you.Good to be here. Uh he made the trip to President Trump ahead of his trip to Asia to uh meet with Chinese officials. I'm wondering what how do you how do you read that.Do you think he's still press ...
OMB's Russell Vought: Powell has fundamentally mismanaged the Federal Reserve
CNBC Television· 2025-07-11 13:26
OM uh director Russ Vote is calling out Fed Chair Jay Pal, writing in an expost that Pal has grossly mismanaged the Fed. uh Russ Folult uh joins us now and and we'll talk about the the more maybe uh wide ranging uh issues in in terms of uh you know monetary policy then then we can get into I said maybe you know if I could print money Russ you heard what I said I' I might make Versailles I mean I might I'd have servants I'd have uh I don't think I could overspend on my facilities but we we probably don't we ...
Incoming PGA Tour CEO Brian Rolapp: Fans want to see be the best golfer more often
CNBC Television· 2025-07-11 13:12
Business Leaders meeting in Sun Valley this week. Julia Borson is there and joins us with a very special guest. Good Julia. Good morning. Good morning Melissa.That's right. I'm joined now by Brian Rolap, the incoming CEO of the PGA Tour. You start in a couple weeks.I'm joining after 22 years at the NFL. What is your agenda as the incoming CEO of PGA. What what is what are your goals.Good question. It was good to be here. Thanks for having me.Um, look, I think the first goal is and and I've had the opportuni ...