LIVE: Watch stocks trade in real time as Dow tumbles — 6/16/2022
The Dow Jones Industrial average tumbled below the key 30,000 level on Thursday as investors worried the Federal Reserve’s more aggressive approach toward inflation would bring the economy into a recession. The Dow had rallied on Wednesday after the Fed…
Read More »Weekly jobless claims fall to 229,000, housing starts decline 14.4%
CNBC’s Rick Santelli and Steve Liesman join ‘Squawk Box’ to break down the latest U.S. housing starts and weekly jobless claims data.
Read More »Biden admin way overstimulated U.S. economy with $1.9 trillion stimulus bill, says Sen. Portman
Sen. Rob Portman (R-Ohio) joins CNBC’s ‘Squawk Box’ to discuss inflation and react to the Federal Reserve’s decision to raise interest rates by 75 basis points.
Read More »Elon Musk will make Twitter takeover deal work, says Orlando Bravo
Orlando Bravo, founder and managing partner of Thoma Bravo, sits down with CNBC’s Leslie Picker to discuss Elon Musk’s planned takeover of social media giant Twitter and more.
Read More »Did the Fed raise interest rates high enough? Here are both sides of the issue
The Federal Reserve raised its benchmark interest rate by 75 basis points and said more could be coming next month. But did the Fed say and do the right things? CNBC’s Jon Fortt joins ‘Squawk Box’ with both sides of…
Read More »Inflation is going to be stickier for longer, says KKR’s Henry McVey
Henry McVey, KKR chief investment officer of balance sheet and head of global macro and asset allocation, joins CNBC’s ‘Squawk Box’ to break down KKR’s market outlook following the Federal Reserve’s latest interest rate hike.
Read More »Signs of stress are showing up in the market for mortgage-backed securities
Walt Schmidt of FHN Financial discusses how pricing in the mortgage-backed securities market is at levels not seen since the 1980s, and whether that will have an impact on consumers’ ability to secure a loan.
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