When invest like the 1% fails: How Yieldstreet’s real estate bets left customers with massive losses
CNBC Television· 2025-08-18 12:34
Global Management. >> Welcome back to Worldwide Exchange. A startup claiming to help investors get into big time real estate, private credit and litigation deals is now raising some serious concerns from investors.CNBC's Hugh Son breaking the story about Yield Street. This story just published on CNBC. com just a few minutes ago.Of 30 deals being reviewed by CNBC. Four have been declared total losses by Yield Street. 23 are quote on the watch list.Yield Street says some of the real estate investments have b ...
The data supports lowering interest rates, says Wharton's Jeremy Siegel
CNBC Television· 2025-08-18 12:34
Welcome back to Squawk Box. Joining us now Jeremy Siegel, chief economist at Wisdomtree and professor emeritus of finance at University of Pennsylvania's Wharton School of Business. Good to see you, Jeremy.We have had guys like Kevin Warsh will mention tariff inflation. He'll say tariffs aren't what causes inflation. Never has been, never will be.Inflation is caused by an out of control money supply or too much stimulus stimulus in a supply constrained world, in your view. And what you're saying here, up th ...
Retail earnings on deck: BCI Brands' Manny Chirico on what to expect
CNBC Television· 2025-08-18 12:32
All right, joining us right now with more on the retail sector is Manny Cher, LNK partner, BCI Brands chairman, and former PVH chair and CEO. Manny, first of all, thanks for being here. Why don't you break this all down for us.What for for us. What are you going to be looking for from these earnings results. How much do you think we'll see on the tariffs front. How much do you think we'll see about the strength of the consumer.>> I think um business has been good through the se through the second quarter. I ...
A small plane crashes into a golf course in Australia
NBC News· 2025-08-18 12:27
Thank you for me to go with you. Want me to come with you. Someone's getting a. ...
ADL CEO Jonathan Greenblatt on rising protests: The one-sidedness of this is just astonishing
CNBC Television· 2025-08-18 12:08
A major strike in Israel yesterday, bringing the country to a halt. Protesters marching against the government in support of a deal with Hamas that would free remaining hostages held for almost two years. On Saturday, New York City saw its largest protest against Israel action against Hamas in Gaza in months.And uh a new and returning college students now arriving on campuses across the nation as all of this is happening. Uh Jonathan Greenblat, the CEO and national director of ADL, sending a letter urging u ...
Joe: An emboldened Europe goes into White House today with Zelenskyy
MSNBC· 2025-08-18 12:01
You look at those leaders that are going to be coming today and let's put that panel back up again. Again, what a contrast to the first term where Donald Trump was uh at odds constantly with whatever uh prime minister was in charge of UK for the the week uh that he met uh met them uh or Angala Merkel, you can go down the list. He had bad relations with all of them. Uh but uh you know I think they're quite proud of their great relationship in the UK right now especially Kier Starmer the president does have g ...
Trump Says Talks With Putin "Productive" But "No Deal" Yet
Bloomberg Television· 2025-08-18 11:55
Our negotiations have been held in a constructive atmosphere of mutual respect. We have very thorough negotiations. They were quite useful.I would like to thank President Trump for our joint work for the well-wishing and trustworthy tone of our conversation. It's important that both sides are resultoriented and we see that the president of the US has a very clear idea of what he would like to achieve. I expect that today's agreements will be the starting point not only for the solution of the Ukrainian issu ...
A Look Inside the Businessweek September Issue
Bloomberg Television· 2025-08-18 11:52
As the American economy wobbles under the weight of tariffs, the business world takes comfort in the stewardship of Scott Bessant, the US Secretary of Treasury. In less than seven months on the job, the former hedge fund manager gets credit for negotiating trade deals and persuading the president to back down on threats to fire Federal Reserve Chair Jerome Powell. Bessent is on TV talking to jittery investors nearly every single week.Is he a moderating influence or an enabler to an impetuous president. The ...
Meta’s AI App Has Persistent Flaws Months After Debut
Bloomberg Television· 2025-08-18 11:52
Meta AI is a total mixed bag. The chatbot is plagued by brand trust issues, unfinished features, and unclear direction. But the potential is massive.Just ask its rivals, Chat GBT, Google Gemini, Perplexity, and Microsoft Copilot. They've all called Meta AI impressive in some ways, frustrating in other ways. And they're not wrong.Meta's assistant now reaches over a billion users thanks to integration across Facebook, Instagram, WhatsApp, and devices like Rayban smart glasses and the Quest headset. But it's s ...
Trump Trade Adviser Navarro Slams India’s Buying of Russian Oil
Bloomberg Television· 2025-08-18 11:45
Elsewhere. We did have Peter Navarro, the trade adviser to President Trump, writing an op ed in the F. T., essentially slamming India for buying Russian oil. Liliana, what was Navarro's argument and what does it potentially say about where government policy around India and secondary sanctions go. Right.His argument is that, you know, buying this oil is helping the war in Russia and that India doing that is is causing the war to continue and it is helping them economically. And so that's the argument from t ...