CONGRESS FROM OWNING OR TRADING INDIVIDUAL STOCKS. THEY'VE COMMITTED TO DO THAT. WE'LL SEE WHETHER THEY ACTUALLY DO.BECKY, QUICK. >> WE HAVE SOME BREAKING NEWS ON THE RACE FOR THE FED CHAIR JOB. OUR SENIOR ECONOMICS REPORTER, STEVE LIESMAN JOINS US WITH THE DETAILS.>> REALLY GOOD MORNING BECKY. SENIOR ADMINISTRATION OFFICIALS TELLING CNBC THAT FED GOVERNOR CHRIS WALLER HAD A, QUOTE, STRONG INTERVIEW WITH PRESIDENT TRUMP IN WHICH THE TWO DISCUSSED THE LABOR MARKET IN DEPTH AND HOW TO JUMPSTART JOB CREATION. ...

College sports valuations are surging, driven by bigger media deals, expanded playoffs, conference realignment. Among the factors changing the college landscape and driving record valuation, you've got name, image, and likeness rights known as NIL and a pro sports business model all taking shape. The top 75 athletic programs are now worth a total of 51.2% billion.That's up 24% from 2024, according to CNBC's official college valuations list, which is out today. This year's most valuable athletic program is t ...

I want to get your take on this because a lot of notes came out. Should you believe the numbers. Should you believe the guide is one headline.A lot of people saying I'm not really quite sure what we saw in this quarter. How did you take this quarter. And it's also very important to note this quarter kind of uh is in the middle of the holiday peak.So we're kind of getting the look at the first half of the holiday peak. Obviously the current quarter is going to show the rest of it. >> So absolutely it was a g ...

Good morning. So, you just lowered your price target after this earnings, but you kept an overweight rating. Explain the rationale there.Lowering the price target, but keeping the rating. >> Uh yeah. No, good morning and uh thanks for having me.Great to be here. Uh listen, quoting, you know, Elliot Hill himself, uh this is not a turnaround that's linear, you know, by any means. uh they never are, you know, especially in a competitive consumer space and especially in this athletic space uh which is an extrem ...

Well, Frank, I what I think is interesting is the reaction of the Chinese government or the non-reaction because officially the foreign ministry dodged a question. They didn't actually go into anything other than a boilerplate statement which was that uh Beijing Beijing's position on Tik Tok is consistent and clear. But uh the state media reaction has been interesting in that it's been quoting a probe Beijing professor on the Tik Tok deal.And there that professor is saying that this deal is in line with Chi ...

We got some news on Nike today. Uh Nike shares down sharply. Uh really on China weakness, also some soft guest guidance.Joining us right now is Kevin McCarthy. His Newberger Burman, a senior research analyst. The stock off about 10% right now.Kevin, uh you heard what we heard from Nike about all this. Do you say to yourself this is a dip worth buying. Do you say that there there's more to go.What what are your feelings here. >> Yeah, good morning, Andrew. Um, you know, I I think clearly the market is going ...

John, I want to come over to you. One thing I've been talking a lot of traders about is the idea of Japanese bond yields rising and that becoming a more attractive place for Japanese investors to put their money and maybe even other Asian investors to put their money. Do you agree with that thesis.>> Uh, you know, Frank, I I would think it's a little bit overblown at this point. Uh, the what the benchmark rate for Japan now at 75 basis points that compares to ours what's ours. 350 to 3.75% and our 10 year o ...

Welcome back to Squawkbox. OpenAI is reportedly looking to raise as much as a hundred billion dollars for its expansion plans, which could value the company as high as, you ready for this. 830 billion.So, we're getting close to the trillion dollar mark. The Wall Street Journal saying that the earliest fundraising round would be completed at the end of the first quarter of this coming year. Then, opening eye expected to draw in financing from sovereign wealth funds as well.Earlier in the week, the informatio ...

Christmas is less than a week away and joining us right now with some tips on what to serve on the table this year is Ray Isle, our old friend who's here from executive, he's the executive wine editor at Food and Wine. And uh Ray, you do this for us every year. >> I love doing this. This is great. Thanks for having me. I'm trying to get us, you know, a little tipsy at 6:20 in the morning. >> It's my job. It's what I It's what I do do for the world. >> I was actually thinking about it. How do you do your job ...

Five things to know ahead of the opening bell this morning. Japan's central bank raising its short-term interest rates to a three decade high of 75% that helped lift the country's 10-year Treasury yield past 2%. And the Bank of Japan also signaling readiness to tighten further.Meanwhile, data center deals hitting a record $61 billion in 2025. That's according to the S&P Global. European Union leaders agreeing to loan Ukraine more than hundred billion dollars to help the country defend itself from Russia for ...