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earn cash back that automatically adjusts to how you spend with the citi custom cash® card.oops crossed over the russian border in a surprise advance, puncturing putin's image. on thursday volodymyr zelenskyy announced his army captured a town six miles over the border. "the washington post," reports ukraine's offensive expanded beyond the region where the inregion of kursk and they have detained 100 russian troops. the largest capture of enemy soldiers. this is the first time since world war ii that any russian land has been occupied. >> i have to ask you, i don't know how long it will last, russia will have to move troops there to push them out. how does it play in russia? i know there is a lot of media restriction. it is throws guys like you or people that oppose the war threatening them. people get news, they know people left the region, they are escaping the forces and ukrainian forces are in russia. tell me how it goes over from putin inside of russia >> it is humiliation, when he launched the invasion the plan was to take kyiv in five day that is what was promised to

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earn cash back that automatically adjusts to how you spend with the citi custom cash® card.. welcome to "power lunch." i'll tyler mathison. we start with a check on the markets. stocks are a little mixed right now. dragging on the dow today, the safer defensive plays like procter & gamble and coca-cola all with red losses. walmart on pace fo

earn cash back that automatically adjusts to how you spend with the citi custom cash® card.lown explosion noise] >>> in battleground pennsylvania this morning, j.d. vance was joined by three republican members of congress. they were from other states. all veterans. j.d. vance continues to attack tim walz's military record while himself coming under scrutiny for comments he made about grandparents and abortion rights. in north carolina, donald trump blaming kamala harris for inflation. the economic speech veered off into personal insults with the former president criticizing her laugh. >> for nearly four years, kamala has crackled as the american economy has burned. it's the laugh of a crazy person. it's crazy. she's crazy. kamala, you are fired. get out of here. >> mark your calendar, i don't know if he will try that on the debate stage. but walz and vance have agreed to a vice presidential debate on october 1st. joining us now, vaughn hillyard in new jersey, phil rucker and back with us, susan page. vaughn, j.d. vance defending his comments about abortion. give us the full

earn cash back that automatically adjusts to how you spend with the citi custom cash® card.on noise] ♪ not ♪ >>> welcome back to "the exchange." everybody. i'm tyler mathisen with your cnbc news update. former president trump suggests he might back out of the debate over the issue of muted mikes while not answering a debate question. at a stop in northern virginia, he said the network was hostile to republicans. the suggestion seemed to undercut earlier arguments that he would be fine with unmuted mikes. >>> in home care services platform care.com agreed today to pay $8.5 million to settle ftc charges over inflated numbers of available jobs in membership cancellations and the ftc said the platform enticed people to buy auto-renewing memberships by overstating the number of open jobs on the platform and then mislead customers into thinking they canceled and the settlement, care did not admit any wrongdoing. >>> and the yankees jersey worn by babe ruth just became the most expensive piece of sports memorabilia ever sold. the jersey worn in game three of the 1932 world series s

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earn cash back that automatically adjusts to how you spend with the citi custom cash® card.good afternoon, everybody. welcome to "power lunch." alongside kelly evans, i'm tyler mathisen. jamie dimon weighing on the markets and economy the past hour. we will recap what he was saying and get you actionable insights. >>> and we have more health care companies working to implement a.i. into their businesses. could it help or hurt an industry plagued by red tape and inefficiency? we will discuss. >>> first, a check on the markets with the dow losing all of its earlier gains. now ever so slightly in the red by about 70 points along with the rest of the market. this after a strong start to the session crossing its 50-day moving average, kelly. >> some th

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earn cash back that automatically adjusts to how you spend with the citi custom cash® card.k. the panel is still here. in addition to vice president harris, former president trump all eyes are on their running mates, kelly o'donnell, tim walz has his biggest night coming up this week. >> he certainly did. they're building the plane flying it at the same time. i've learned a couple of things about how they're going to roll him out. expect coach, teacher, veteran storylines where people from those chapter of his life will appear in person and on video and one of the changes that we'll have the first lady of minnesota gwen walz will not speak in person, but will narrate a video about him and that's a change up and in part in order to make way for these other individuals who can talk about coach walz. expect a lot of that. de-emphasizing to a degree some of the questions about being a veteran. also, one of the things i was really struck by is advisers say that he is particularly comfortable playing second to a woman candidate. he is a governor. he is the executive of his state a

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earn cash back that automatically adjusts to how you spend with the citi custom cash® card.ing to be just ten days. then it could be weeks. well, now nasa says the two astronauts who went up to the international space station in june could be there until next year. that alone is shocking, right? but there's more. nasa says they might wait until february 2025 to bring boeing star liner's crew members, butch willmor and sunny williams home when they can come back on a different capsule, a spacex capsule. nbc news senior correspondent tom costello has been following this debacle, i think we can call it, tom. what is going on here? >> listen, i've been hearing talk within nasa for several weeks now. someone referenced this as gilligan's island in space. nasa points out in an emergency on the space station, williams and wilmore could come back in their starliner spaceship, if they had to evacuate the station. otherwise their ten-day mission could last eight months, coming home on a spacex rocketship, and that is boeing's rival. >> floating some 250 miles above the earth, astronau

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earn cash back that automatically adjusts to how you spend with the citi custom cash® card. summer. that, of course, means it is time to do some back-to-school shopping. >> vicky nguyen is here with tips on lowering your bill for all those supplies. >> good morning. i can't believe it. it can be a stressful time. i try to lead by example, and i went shopping with my daughter and a consumer expert to get some tips that will have you saving by the bell. it's the errand that means summer is coming to an end, back-to-school shopping. the national retail federation estimates families will spend $874 this year on school supplies and electronics. so my daughter and aheaded to one of the top shopping destinations in the country, american dream in new jersey, for some tips on how to maximize your money. are you ready to shop and save? >> yeah! >> okay, let's go. that's where we met up with a shopping expert. >> this is my soon-to-be 7th grader. can you help us find some savings today? >> i have got you covered. let's start with neck. >> 69% of consumers plan to buy an electronic devi

earn cash back that automatically adjusts to how you spend with the citi custom cash® card.nd blown explosion noise] >>> ford shifting gears with its ev strategy today. phil lebeau joins us with details. good morning, phil. >> if you take a look at shares of ford, they're moving up just a little bit premarket, and i think this is an indication that investors are saying, thank you. this is what you should be doing if you're not cutting things and being nimble enough, quick enough, when it comes to electric vehicles, so here's what ford is doing as it shifts its strategy. they're going to be taking a $400 million charge immediately. costs will go up by $1.5 billion, and then there's going to be some product adjustments. they will be having a commercial van coming out in '26, commercial vehicles is where ford has been doing very well when it comes to electric vehicles. that's a smart move. there will be a mid-size electric pickup launching in 2027, a separate electric truck coming in the second half of '27, and ford is no longer going to be making a three-row electric suv. the

earn cash back that automatically adjusts to how you spend with the citi custom cash® card.. live claritin clear. (♪♪) ♪♪ ♪♪ ♪♪ ♪♪ dsg family clothing and gear priced to win. only at dicks morning. it is 756. i'm marcus washington and i'm laura garcia. happening now, this is what we're working on for our upcoming 8 a.m. streaming newscast. i'm ginger conejero saab. happening today. the trial begins for the three men accused in the deadly shooting of oakland police officer twan lay. officer lay was killed in december after responding to a burglary call at a cannabis dispensary. the three men, mark sanders, alan brown and brian russell, are charged with officer lay's murder. a fourth defendant, marcus cooper, has been charged with three counts of second degree burglary. the trial starts at 9 a.m. in oakland. let's get a look at what's happening on the roads this morning. mike, you got something going on there? yeah still going on the full closure of northbound 680 early this morning. there was a crash. it sounds like a raised bed of a dump truck hit the overhead sign just befo

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earn cash back that automatically adjusts to how you spend with the citi custom cash® card.y morning. welcome to "money overs." i'm sarahize ann with carl quintanilla live on the floor of the new york stock exchange. today, it's all about deals. first up, the biggest deal of the year, mars to take pringle maker kellanova private in a deal valued at $6 billion. >> tilray is expanding its beverage portfolio, striking a deal for four of molson coors' craft breweries. the ceo is going to join us. >> and deal finder and cashback app ibotta falling today on a wider than expected loss. the ce

since my citi custom cash® card automatically adjusts to earn me more cash back in my top eligible categoryoors opening wherever i go... [sound of airplane overhead] even the ground is moving for me! y'all seeing this? wild! and i don't even have to activate anything. oooooohhh... automatic sashimi! earn cash back that automatically adjusts to how you spend with the citi custom cash® card. [mind blown explosion noise] when you automate sales tax with avalara, you don't have to worry about things like changing tax rates or filing returns. avalarahhh ahhh >>> welcome back to "squawk on the street." the tech sector coming off its best week in almost two years. deal news today with amd buying zt systems for $4.9 billion in cash and stock. it's also the 20th anniversary of google going public. stock up more than 7,000% in that time. so what's ahead for that stock and the tech trade from here? jefferies analyst brent phil joins us has a buy rating on alphabet with a $220 price target. brent, thanks for being here. if we can, i want to start broad and get your sense on kind of where you think the

earn cash back that automatically adjusts to how you spend with the citi custom cash® card.[mind blown explosion noise] ♪ ♪ >>> good afternoon. welcome to "power lunch." i'll tyler mathison. we start with a check on the markets. stocks are a little mixed right now. dragging on the dow today, the safer defensive plays like procter & gamble and coca-cola all with red losses. walmart on pace for its third straight update. we'll have more on retail coming up. >>> let's start with the setup for the markets following last week's big moves. major averages down 3 or 4% for august so far. even with the losses, let's keep perspective here. the s&p 500 and nasdaq are up 12% or thereabouts for the year so far. let's bring in mike santoli for more. mike, welcome. good to have you with us. as we look into this week with a couple key earnings, most notably from walmart and a couple others, what are you seeing? >> reporter: mostly what we're seeing as an apprehensive action. certainly calmer. no more of that panic. that was a week ago. what we have now is more akin to a fairly routine growt

earn cash back that automatically adjusts to how you spend with the citi custom cash® card.g called uncommitted consumers, saving money by focusing on prices, not brands or stores. >> nbc's vicky nguyen is here with a look at that shopping style and how you can adapt it to keep some more cash in your wallet. it seems and sounds a little counterintuitive. >> it really does, but they're seeing it in this new data that was generated exclusively for "today". it shows new spending habits have emerged. in the wake of high inflation. the uncommitted consumer is no longer loyal to anything but the discount. whether it is groceries or choosing where to dine out, people are now cross-shopping to save a buck. >> today, we're hitting both target and aldi to get some grocery shopping done. >> girls heading to costco and right after go to walmart. >> reporter: for the everyday consumer, loyalty now lies in the price. >> we don't really like this price. this is much better. it's exactly the same and you get a gallon! >> reporter: new research proves more people than ever are letting the de

earn cash back that automatically adjusts to how you spend with the citi custom cash® card.xplosion noise] >>> welcome back to "squawk on the street." time now for jim's "mad dash." of course, we got about six minutes until we get started with trading here at the new york stock exchange. it's a name that we've talked a fair amount about lately. >> starbucks. i remember speaking to the great tony t tony corn highser, the fabulous writer, telling me that i didn't know what i was talking about. opco says, hey, they're not ready to jump on the bandwagon, starbucks, now that brian niccol is there. there was in "the new york times" a fabulous article about what to do with starbucks. i urge everybody to read it. i have my own conclusion, which is that you need an express line for people who don't want to make up a triple venti two-pump. that's over. we don't want the oppenheimer and the atomic bomb being made every single time, so i do think that maybe they're right that you shouldn't jump on, but i have such faith in brian niccol that if you sell starbucks, which is part of my por

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earn cash back that automatically adjusts to how you spend with the citi custom cash® card.ith sara eisen at post 9 of the new york stock exchange. you can see the s&p down 2% plus here, 2.5%. russell 4% decline. yeelsdz are the other part of the story in the wake of the jobs number today, which did miss. unemployment goes to 4.3. ten-year dipped below