CME Group CEO on partnership with FanDuel to launch financial market betting
CNBC Television· 2025-08-21 22:18
CME Group partnering with FanDuel to launch a new way of betting on financial markets for as little as $1 a contract. Customers in America will be able to place yes or no wages on market related events from specific price levels in the S&P to economic indicators like the inflation rate and GDP and more. Joining us now for an exclusive conversation on this is CME Group CEO and chairman Terry Duffy.Terry, do not worry. I will not ask you about the Cracker Barrel logo change, but I will ask you about what some ...
Fidelity Front Row
Fidelity Investments· 2025-08-21 22:17
Join our Fidelity pros as they discuss market insights, share the latest on our products, and get your questions answered LIVE. There’s even a special giveaway. Guests include: *Adam Ely* - Head of Digital Products *Denise Chisolm* - Director of Quantitative Market Strategy *Trey Jerrell* - Director, Product Management *FidelityMichael* - Reddit Community Manager *Rita Assaf* - Vice President, Retirement Offerings Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02 ...
'It's disturbing': Trump faces backlash as ICE arrests go viral across the country
MSNBC· 2025-08-21 22:03
Hi again everyone. It is 5:00 here in New York. I'm Lisia Mendez in for Nicole Wallace. An incredible scene in the nation's capital this week when a crowd of residents drove away about a dozen ICE agents who were stationed at the Columbia Heights Metro Station. It is just one of the many scenes that show that Americans are not on board with Donald Trump's immigration crackdowns, which oftent times are turning violent. That violence on display this morning in that same DC neighborhood when ICE agents surroun ...
Target shares tumble as sales fall and retailer picks new CEO
CNBC Television· 2025-08-21 22:00
Target is about to go through a lot of changes, and that's as Wall Street continues to lose confidence in the big box retailer. And the stock keeps falling further from the all-time high it hit back in 2021. The big news, a new CEO is stepping in to try to write the ship.A Target veteran, current COO and former CFO, Michael Fideli, will succeed Brian Cornell starting on February 1st. Cornell took the helm back in 2014 when things were going well for the retailer. The stock is up more than 70% the last decad ...
Walmart's results show 'it's firing on all cylinders', says fmr. U.S. CEO Bill Simon
CNBC Television· 2025-08-21 21:56
All right, let's talk about Walmart retail. Walmart stock tumbling almost 5% today despite raising guidance for the year. The big box retailer did acknowledge tariff costs are starting to rise.By the way, first EPS meet Miss He said in three years. I just threw them all in. One of them going to be right.Let's bring in now former Walmart US CEO Bill Simon for reaction. He's now on the board of Dartan Restaurants. He is the chairman of Hannes Brands.Bill, glad to have you on. It was a myth, first miss in thre ...
Serena Williams announces her new podcast with Venus, 'Stockton Street'
NBC News· 2025-08-21 21:55
What are the things that people think about Serena and Venus that you feel like you guys are going to be able to share on the podcast. >> Well, I think like you said, it's just really having great open conversations and it's not just about us getting in front of a mic and telling our story and like, oh, I remember when this happened back in 1842 or whatever. We want to just talk about things that are in pop culture. We want to talk about sport. We want to talk about lifestyle.We both love fashion. We both l ...
Capital outflows starting to normalize after 'highly unusual' first half, says Exante Data's Nordvig
CNBC Television· 2025-08-21 21:52
All right, let's broaden out the conversation. Talk a little more about what Jerome Pal's comments could mean for the markets, really the currency markets. Bring in Yens Nordvig.He is CEO and founder of Exxante Data. Yens, good to have you on the program. Thank you.You know what else has happened. No. What.Besides your your Swiss yields. The dollar has collapsed against the Euro. It's been one of the most rapid moves of the US dollar in in months.What is that telling you. So the this year has been extraordi ...
'Fast Money' traders talk Fed rate cut expectations and how it is impacting markets
CNBC Television· 2025-08-21 21:51
So was you hate being wrong sitting here 87% chance last night now down to 73%. Does the stock not bond does the stock market care about a rate cut. >> I think so.I you know there was this time last year when the S&P was about a,000 points lower than we are now. The market was pricing in six rate cuts in 2025. Here we are now a,000 points higher.We're talking about two maybe three. So I would say all of that good news in terms of just rate cuts are priced in. So the short answer is absolutely.The market wil ...
'Bless his heart': JD Vance given tough task of selling Trump's tax bill
MSNBC· 2025-08-21 21:46
Vice President JD Vance was sent out today to do the impossible, selling the people of Georgia on Donald Trump's unpopular, big, beautiful bill. It is damage control as Democrats visit red states and districts to warn about the pain Trump's bill is likely to cause them. And Georgians already know what's at stake.Most voters are opposed to the bill which under which according to KFFF 500,000 of them roughly 14 million Americans nationwide could lose their health insurance over the next 10 years. Joining our ...
Nvidia reportedly faces China backlash over 'insulting' Lutnick remarks
CNBC Television· 2025-08-21 21:45
China's been cracking down on Nvidia's H20 AI chips. I'm Christina Parts Douglas at CMC headquarters in New Jersey. And recent comments from Commerce Secretary Howard Lutnik on CNBC earlier in July are really just adding fuel to the fire.We want to keep having the Chinese use the American technology stack because they still rely upon it and that's key. So we try to play that balance. We don't sell them our best stuff. Not our second best stuff, not even our third best.I think fourth best is where we've come ...