I guarantee you threequarters of the country doesn't know what the hell the Fed is. So you do not have all eyes on the Fed. Well, on that note, Fed Chair Jay Pal has been under extreme pressure to cut interest rates from within and outside the Fed.Senior economics reporter Steve Leeman is here. He takes a look at where it's coming from and where it's going to. Just kidding.And possible motives. Welcome, Steve. Thank you, Becky.The pressure on Powell to cut rates comes from the president, some in Congress, a ...

We turn now to the latest out of Iran. And this morning, the House of Representatives is set to receive a classified briefing on last weekend's military operations there after senators received their own version yesterday. It followed a contentious press briefing at the Pentagon held by Defense Secretary Pete Hgsth and General Dan Kaine, the chairman of the Joint Chiefs of Staff.Hexat spent the first half of the media mostly criticize first half of the briefing I should say mostly criticizing the media befo ...

Going on your principles, I'm really interested. You build Bridgewwater. With the experience you have today, how do you think about building a work structure and an organization and how do you apply those principles.You meet so many great people, so many talented men and women. How do you go about picking your top people. You're building a machine.Okay. What is a team like. What are the positions they play. What are the characteristics of the qualities that are necessary to play that position.Well, how does ...

a Punch Bowl News co-founder and NBC News and MSNBC political contributor. Still a young man, so I don't think time is going quite as as fast for you, is it. Is it, Jake. It's it's mindboggling.I don't feel young. I don't feel young, but yeah, it's the end of June. Did Did you blink. Did you blink.Or maybe it rained a lot, but it's the end of So, what the point I'm getting to is uh it's a it's only 30 days in this month. July 4th is next week. Is this going to happen. Is this going to happen.You know, Mike ...

Now joining us to talk about AI in the military and defense is uh Michelle Ga, CEO of the Croc uh Institute uh for tech diplomacy at Purdue University. She's a former assistant secretary of state for global public affairs in the first Trump administration. And um I wish I hadn't had to to uh to read all your notes on this because it's just very concerning uh Michelle at this point.I I mean it could be I guess it's like anything. It's a tool that could be used for immense good, but it it could also in in the ...

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Five things to know ahead of the opening bell. A new look at the Fed's preferred uh measure of inflation. Core PCE data is due at 8:30 Eastern time.Economists expecting a year-over-year increase of 2.6%. Up a bit from April. Tesla CEO Elon Musk firing the EV makers vice president of manufacturing operations.That's according to internal organizational charts viewed by CNBC. The American edition of Vogue magazine, the end of an era, set to hire a new head of editorial content. That job was held for decades by ...

Americans uh are tightening their belts after a post pandemic spending spree. The latest read on the US personal savings rates going to be released at 8:30 uh Eastern. Ahead of that, Sharon Eper is here to discuss how and why Americans are increasing their nest eggs.We just finished talking about the revenge tax. What are you talking more revenge. There's more revenge.You know, many Americans are changing their financial habits right now from revenge spending, that trend of splurging after the pandemic, to ...

EUGENE ROBINSON. >> GREAT GROUP. >> TO START OFF.>> A BUSY NEWS MORNING. >> AND WE. >> WILL DIVE RIGHT IN, BEGINNING WITH.REPUBLICANS NOW FACING A. >> MAJOR SETBACK. AFTER A.SENATE OFFICIAL RULED AGAINST. >> A SERIES. >> OF.HEALTH CARE CUTS. AND SAVINGS IN THEIR SWEEPING. DOMESTIC POLICY BILL.>> THE NONPARTISAN. >> SENATE PARLIAMENTARIAN, ELIZABETH MCDONOUGH, DISQUALIFIED SEVERAL PROVISIONS, INCLUDING. ONE THAT PROHIBITS FEDERAL FUNDING OF MEDICAID.>> AND THE CHILDREN'S HEALTH INSURANCE PROGRAM. >> FOR ADUL ...

and profits to declines to moderate. Joining us right now is Michael Binetti. He is Evercore ISI research analyst.Overnight he raised his price target on Nike to $90 a share from $75. And Michael, that's pretty significant gain or rise in your price target. This what you heard from them was enough to allay a lot of the fears that people had going into this.>> It sure was. They've been working very hard to clean out a bunch of their classic products that Jordan won the dunk, the Air Force one that just got r ...