Market Overview - US stock futures increased, with S&P 500 rising 0.3% and Nasdaq 100 advancing 0.6%, while Dow Jones Industrial Average futures remained stable [1] - Investors are focused on the Federal Reserve's upcoming interest rate decision, with expectations of holding the benchmark rate steady [4] Earnings Reports - Key earnings reports due include General Motors, American Airlines, and Boeing [2] - Over 90 S&P 500 companies are set to report earnings, including major players like Meta, Microsoft, Tesla, and Apple [3] Health Insurance Sector - Health insurer stocks experienced significant declines after a report indicated Medicare payments would increase by only 0.09% for 2027, falling short of Wall Street expectations [7] - Humana's stock dropped 12.5%, CVS Health fell over 10% before settling at a 9.4% loss, and UnitedHealth Group's shares decreased by 8.6% [8] Political and Economic Risks - President Trump announced an increase in tariffs on South Korean products from 15% to 25%, affecting various sectors including autos and pharmaceuticals [5] - A potential government shutdown looms as Senate Democrats oppose a funding bill for the Department of Homeland Security [6]

Core Viewpoint - Delta Air Lines is expected to see earnings jump more than 20% in 2025 due to strong travel demand, particularly in the premium segment, potentially reaching record levels [1] Financial Performance - Delta forecasts adjusted earnings per share between $6.50 and $7.50 for the current year, slightly below analysts' estimate of $7.25 [1] - For the first quarter of 2026, Delta anticipates sales growth of up to 7% and adjusted earnings per share between $0.50 and $0.90, compared to analysts' forecast of $0.72 [2] - In the fourth quarter, Delta reported a profit of $1.22 billion, or $1.86 per share, a nearly 45% increase year-over-year, with revenue of $16 billion, up 3% from 2025 [4] Revenue Breakdown - Main cabin ticket revenue fell 7% year-over-year to $5.62 billion in the fourth quarter, while premium ticket revenue rose 9% to nearly $5.7 billion, surpassing main cabin revenue for the first time [5] - For the full year, main cabin revenue remained higher than premium classes despite the recent trend [5] Market Conditions - Bookings from both leisure and corporate travelers have been strong at the start of the year, indicating robust demand [3] - CEO Ed Bastian expressed caution regarding future earnings projections due to geopolitical uncertainties and domestic policy risks [4]

HASSETT, WHO MADE THOSE COMMENTS OVER THE WEEKEND. HE ALSO REITERATED TO CNBC THIS MORNING THAT THE CONSUMER IS STAYING RESILIENT BECAUSE AMERICANS ARE OPTIMISTIC ABOUT INCOME GROWTH IN THE YEAR AHEAD. BUT MY NEXT GUEST SAYS THERE'S A BIG RISK ON THE HORIZON AND ONE THAT WILL COME BEFORE THOSE TAX REFUNDS HIT.JOINING US TO DISCUSS IS TD COWEN'S CHRIS KRUEGER. CHRIS, IT'S GOOD TO SEE YOU. AND YOU'RE TALKING ABOUT THE OBAMACARE SUBSIDIES, RIGHT.>> GREAT TO SEE YOU AS WELL. THAT'S CORRECT. THEY'RE GOING TO EXP ...

I realize what happened in the House with that discharge petition involves a unique tool in the House. Will John Thune be compelled to bring a similar extension back to the floor after what we just saw today. Well, I hope so, because what what you're talking about has happened in the House is based on the need of the American public.I think both Democrats and Republicans realize the American public is demanding that they still have affordable health care in this country. That includes those subsidies for en ...

The FDA has been an agency under fire. From controversial staff appointees to deep staffing cuts to being openly questioned by former FDA chiefs about medical policies. Now CNBC has learned that in the depths of the government shutdown, the FDA approved sending staffers on a quarter of a million dollar trip to a conference in Singapore, prompting questions about the AY's priorities.Here's Melissa Lee with that story. On the last day of the government shutdown, employees from the Food and Drug Administration ...

The president said at a lot of times in your home state the other evening that affordability is a Democrat hoax. Are you involved in some sort of conspiracy here. What is you referring to.Well, often I am bewildered by what exactly the president says. He says the problem is that too many kids have 37 pencils. I can assure you I don't have 37 pencils.Neither does my daughter. You know, this president really was elected more than any other reason, as you kind of referred to just a few moments ago. He was elec ...

Midterm Elections & Political Landscape - Republicans face increasing danger in the House and Senate, with polling suggesting potential losses in states like Ohio and North Carolina [1][2] - The coalition that brought the president into office in 2024 is now fractured, with Independents leaving, making it difficult to win competitive districts with just the Trump base [5] - Democrats' success in the Miami mayoral race indicates a potential generational shift in Cuban Republican politics and improved voter turnout efforts [9][10][11][12] - Democrats are focusing on affordability and quality of life issues, potentially gaining an edge over Republicans on healthcare and education [13][14] Congressional Agenda & Budget - Congress is expected to pass defense authorization [15] - There are growing voices in the GOP to address healthcare before the end of the year [16] - Another budget fight is anticipated at the end of January, raising the possibility of a government shutdown [19][20] Foreign Policy & Immigration - Immigration support decreased from 49% to 38% [3] - The Trump administration's focus on Venezuela is driven by the desire to topple Maduro and exert influence [6][7][8][9]

joining us, Democratic Senator John Feder Fedterman of Pennsylvania. Senator, thank you very much for joining us. >> Oh, thanks for having me back.I offered and you you took me up on my offer. It's so great to be here. >> Well, the president is in Pennsylvania today.He's in your neck of the woods. Um, what do you make of what the governor said that that Pennians are not are no are no longer, excuse me, buying his BS. Uh well I I mean I I really missed what whatever he said but but for me it's like his first ...

Market Overview - The market dynamics have shifted, with algorithmic trading dominating, leading to unpredictable selling patterns that disregard traditional holiday trends [2][3] - Investors are facing a lack of reliable data due to the government shutdown, impacting decision-making [3] Economic Indicators - The delayed September retail sales report is anticipated to be weak, which could increase the likelihood of interest rate cuts [3] - A soft retail sales report could lead to rising bond prices and falling yields, unless countered by a significant increase in the producer price index [4] - Housing turnover is at its lowest in 40 years, negatively affecting various industries reliant on housing sales [4] Company Insights Deere & Company (NYSE: DE) - Deere is viewed positively due to government support for farmers during tough times, which can lead to increased sales of farm equipment [9] - The company is expected to be resilient, but investors are advised to wait for the quarterly results before making purchases [9] Burlington Stores, Inc. (NYSE: BURL) - Burlington is considered the weakest among its peers in the off-price retail sector, with recent performance lagging behind competitors [10] - The company reported a 2.5% comparable sales growth in the first half, with a notable difference in growth rates between the first and second quarters [10][11] - Management's cautious guidance for the second half of the year reflects concerns over weather-related sales impacts, particularly in outerwear [11][13] - The stock trades at a higher valuation compared to its peers, with a PEG ratio of 1.4, and recent buyback activity has been limited [11][12]

Economic & Market Outlook - Tariffs, AI adoption, and potential government shutdowns are key concerns for Fortune 500 companies [2][3] - A new budget with double-digit appropriation increases for advanced technologies in defense, intel, and national security could lead to a more productive marketplace in the first half of the year [4][5] - Failure to pass a new budget could result in continued resolutions, hindering government initiatives [5] AI & Technology - Companies are struggling with technical debt and siloed data, hindering AI implementation and ROI [6][7] - AI is viewed as a tool to enhance productivity and enable knowledge workers to perform higher-value tasks [6] - ASGN's AI factory aims to simplify AI implementation for clients by providing readymade assets and IP [7] Company Strategy & Rebranding - ASGN is rebranding to Everth to present a unified $4 billion business offering comprehensive solutions to enterprise customers [8][9] - The rebranding focuses on bringing technology together to solve critical business problems [8] - Over 70% of ASGN's government work is in cybersecurity, AI, data, and other advanced technologies [4]