Power Lunch

Pharmaceutical giants are shelling out billions of dollars lately to buy promising new drugs. Is this a sign of good financial health, or a problem with pipelines? We’ll discuss.Plus, there’s more and more data coming out on Shein as it prepares for a U.S. IPO. We’ll break down it’s revenue numbers, and where it ranks compared to American retailers. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Shares of Boeing are sinking today, after a door plug blew out during an Alaska Airlines flight. And it’s just the latest problem for the 737-Max series.Is it just another one-off unfortunate event, or a bigger black eye for the company and its management team? We’ll discuss.Plus, stocks are higher across the board, despite Boeing’s move lower. So were last week’s declines just a healthy pullback? We’ll explore. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The economy added 216,000 jobs in December, much more than expected. While the unemployment rate held steady at 3.7%.But the labor participation rate saw its biggest one-month drop in nearly 3 years, meaning the pool of available workers is shrinking.Could this end up putting upward pressure on wages, and downward pressure on markets and economy? And what does it mean for the Fed’s plans?We’ll explore what it all means for you and your money. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Another day, another downgrade for Apple’s stock – the second this week. The shares are down more than 5% to start the year, as concerns over iPhone demand grow. We’ll speak to the analyst behind the latest call. Plus, Eli Lilly is taking weight-loss drugs directly to the consumer, setting up a new service to help patients get telehealth prescriptions. We’ll ask a medical doctor about the potential implications. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Federal Reserve officials concluded that interest rate cuts are likely in 2024, though they appeared to provide little in the way of when that might occur, according to minutes from the December meeting released today. We’ll explore what that means for markets and your money.Plus, the auto market ended 2023 with the pedal to the metal, posting its strongest sales year since 2019. Are consumer smore flush with cash, or is this just a post-pandemic pickup for auto buying? We’ll discuss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

We’re keeping a close eye On oil prices, after Iran dispatched a warship to the Red Sea. Is this yet another sign that tensions in the region won’t end anytime soon? We’ll explore that and the outlook for crude.Plus, it’s not just the first trading day of the year, but the first day for a host of new CEOs at big corporations across America. We’ll break down the key risks and challenges facing the c-suite in 2024. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

CNBC’s Tyler Mathisen and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

CNBC’s Tyler Mathisen and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A major lawsuit could have huge implications for the future of AI. The New York Times is suing Microsoft and OpenAI, claiming its chatbots we’re trained using copyrighted articles. We’ll explore the potential fallout.Plus, the markets are once again in the green today. And even though the gains are small, record highs are being hit seemingly every day. We’ll discuss whether or not the record rally can continue into the new year. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

If you didn’t get the new Apple watch for Christmas, you may not be able to get one for a while. A ban on importing it just took effect, with no relief from the White House. We’ll get the latest details.Plus, we’ll examine the best CEOs of 2023, and also which executives are on the hot seat heading into next year. We’ll ask leadership expert Jeff Sonnenfeld for his personal picks. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.