former s.e.c. chair jay clayton at 7:30 a.m. >>> we are watching shares of leululemon lululemon. that beats the estimates of $2.54 a share. that was thanks to the strong international growth. sales jumped 52% in markets outside the u.s. and 52% jump in china lululemon raising guidance. china growth is interesting. no volatility there. it was strong and good. that's not what with we heard from the other retailers in china. >> we wondered going in. i heard people talking about it on "halftime." i said are you banking on china to save the quarter with the concerns that are happening there? apparently they are an anomaly. they have an idiosyncratic move. >> you had a horrific day in the session yesterday. you have that and the dollar tree story and lululewis lhem - l lululemon. >>> and we have shares of mongodb jumping with it's earnings and revenue beat. the ceo will join us at 8:15 a.m. eastern time. >>> shares of pager duty are sliding. revenue jumped 19%. the cloud computing company guidance was in

prox to the s.e.c. s.e.c. commissioner.>> tyrus: you need to called him back and sent him one. >> riley: that is too much validation for him. >> greg: kat, has keith olbermann ever entered your life at all? >> kat: yeah, because he does this all the time. think this is our he does. he went after me. there's that fox nation show where you talk about the years. a bunch of us were talking about "frozen." i found the tweet. he said, breaking, kat timpf, and others of disney boycotting fox news endorse disney's "frozen." my comments on -- in this clip in their entirety are every time i heard the "frozen" song, i was glad i did not have any children. [laughter] that is not an endorsement of "frozen" or children. [laughter] >> greg: or frozen children, which are delightful on a summer day. >> kat: on are going to watch the 30 seconds. >> greg: it is a strange psychosis. he is definitely alone. and this is what he does. and maybe he has got some kind of problem. lee, welcome to the show. do you swim? >> congressman zeldin: sitting

the s.e.c.'tisouon ms r exclusive interview with fed governor christopher waller coming up at 8:40 eastern time. "squawk" returns after this. (fisher investments) it's easy to think that all money managers are pretty much the same, but at fisher investments we're clearly different. (other money manager) different how? you sell high commission investment products, right? (fisher investments) nope. fisher avoids them. (other money manager) well, you must earn commissions on trades. (fisher investments) never at fisher. (other money manager) ok, then you probably sneak in some hidden and layered fees. (fisher investments) no. we structure our fees so we do better when our clients do better. that might be why most of our clients come from other money managers. at fisher investments, we're clearly different. >>> welcome back to "squawk box." filing a lawsuit against the s.e.c. over some new rules surrounding private equity and hedge funds. joining multiple other trade associations, suing that agency,

s.e.c. eliminate key services and hurt companies planning to make a initial public offering. >> they won't have someone at full force overseeing the market for companies that want to go public we cannot review the documents or documents going effective if you want an ipo which is critical for capital formation >> reporter: a shutdown also means the government won't be able to collect economic data like the jobs report or inflation numbers. frank, if it goes on for weeks, we could see a severe hit to the economy as a shutdown grows longer and longer. >> a lot of concern about the potential shutdown i want to ask what do we expect to see today and how can the s.e.c. or bls do during the shutdown can they do anything i know you said the reports might not come out, but can they still work >> for the government agencies, they are able to have some employees, they call them essential employees, which continue to work during the shutdown these are basic things you will see social security checks go

in a shutdown, s.e.c. staff will be reduced to skeletal levels. more, let's bring in our business editor at axios. dan, what are you hearing? welcome. >> accuming there's a government shutdown, there's not an ipo market until the government shutdown ends, whether that's two days or two months. >> did we have an ipo market in 2013? this is one angle i don't remember doing much reporting about at the time. >> i spoke to some bankers yesterday. they created teams or have been having meetings to game out what this means for their clients and their business. and so the bankers i spoke to looked back and say no, nothing got done during that period. >> let's take burken stock. are there others waiting in the wings? >> that's the big one, the one we all know. birkenstock was going to launch their ipo road show next week. say this is a two-week shutdown, that doesn't put everything back two weeks, just creates more of a log jam when the government shutdown ends. for birkenstock, they could still launch the ipo road show, but it loses so much flexibility. i

even against a backdrop as volatile as that and a battle with the s.e.c.er alleged unregistered securities, the stock has more than doubled, trading over $81 a share right now, and joining us from the tech conference in san francisco right now, our own kate rooney, who is joined by the ceo of coinbase, brian armstrong. kate. >> hey, kelly. thanks, brian, for being here. great to see you in person. >> thanks for having me. >> you guys are publishing this blog post about international expansion. i feel like it's something you have talked about a good amount. is there any tipping point or breaking point at which you say all of these g-20 countries have some regulatory framework, the u.s. does. we're going to pick up and live? would you ever say it's not worth it to operate in the u.s.? >> we're not there yet, but it's good to see 83% of g-20 countries now have crypto legislation in place or they started the process, it's in progress. that's where we're investing our resources, around international expansion. we launched in canada last month, we launched our i

. >>> s.e.c. has launched an investigation into ryan cohen over his trades and communications and officers at bed bath & beyond. cohen pushed for changes to the company's sales strategy before selling his 12% stake in august of that year. that is just days after tweeting positively about the company. frank, that investment yielded cohen a $60 million profit. >> a lot to unpack right there. ryan pcohen at the center. silvana, thank you. >>> turning back to the markets right now. the wave of incoming high profile ipos setting the stage for the bounce in the markets according to goldman sachs' david solomon. he sat down with david faber yesterday. he is watching a.r.m. and instacart. >> i do feel better about the capital markets. if you ask me to look ahead over the course of the next few months, especially if a.r.m. and other ipos go well, you will see a meaningful increase in activity. david, it is anemic amount of activity. if you go back to the second quarter, investment banking activity was at a

if we have a shutdown that lasts a few weeks, the s.e.c. can't process s-1s, can they? >> they go into a skeletal staff mode. that process definitely slows down. if we have a protracted government shutdown, we will find the company is not able to get approvals from the s.e.c. that will slow down that -- at least early momentum we're seeing. i still would say, though, most companies are looking at the fourth quarter and saying maybe, but are definitely planning more for the first half of next year. if there's a government shutdown, i don't think it will be a sustainable problem. >> maybe fourth quarter next year. >> fourth quarter of this year or -- >> maybe they'll go public and sort of testing the water? >> a lot of companies are out there testing the waters right now. they're talking to us about planning. they're thinking about what would be the open windows in the fourth quarter, first or second quarter. they're trying to make sure they're planning getting their filings done, if they haven't already, all that good work. the fact is that it's still a trepidation envir

s.e.c. is looking at that. the board, clearly, is feeling confident enough in whatever that case is unless they want to take the risk to make him ceo of this company. >> i'm glad we got this on quickly. far being it from us to not report gamestop news immediately with the gamestopers out there you know how they are anti-all of the meme stocks >> stock is up 8% sdp >> i had expressions they can read and they can tell i'm conflicted or someone has me you have seen those? i don't want to give you any more today. >> @joesquawk. >>> a big morning still ahead. we are live from the delivering alpha conference here in new york city. the headliner is house speaker kevin mccarthy days before the potential government shutdown will join us at 8:00 a.m. eastern time "squawk box" will be right back. >>> one of my most profound mentors was justice mayor. i was able to clerk for her. i her all she taught me not only from academic how to be a good lawyer stabbed point, but from a human empathy standpoint really paying it forwar

you were a two-time ncaa all- american, you were a five-time s.e.c. champion, you're an s.e.c.older, and a two-time olympic trial qualifier. but yet on march 27th, 2022, something changed. what happened on march 27th -- on march 17th, 2022? >> that's when thomas and i raced in the 200 freestyle, and, again, resulted in a tie. >> and so you tied. what, what was the consequence of tying? >> we went behind the awards podium, were typically you're handed your trophy, you're marched out, you're named an all-american. and so we go back there, and the official looks at both thomas and myself, and said, great job, but you guys tied, and we only have one trophy, therefore, we're giving this trophy to leah. and i questioned this, and i say, why? at first, i shortened it in my testimony, but really, he stumbled on his words. he didn't know how to answer this. and at first, he is, oh, well, we're just doing this in chronological order. to which i further pressed, and i said, okay, well, what are you being chronological about? because we tied. and if we're doing this off alphabetical order,

is still the s.e.c. it's not criminal. if you get that s.e.c., by the way, you can't throw it in the waste can. it's not like shawn fain from the uaw. you get it, you got to call a lawyer, and what the lawyer says is, they use terms which are, like, you know, there's a bad set of facts here. when they say "bad set of facts" what that means is you're about to have brain surgery and you didn't know. they're huusing a high-powered black & decker drill. >> on a.i., microsoft, jim, interesting, people watching the site visits to chatgpt, which have been down month on month three months in a row. >> look. adobe, you can do chatgpt -- by the way, i always -- before i do my fantasy line-up, i went to chatgpt. absolutely said, jim cramer likes to draft receivers, and it gave me a list of receivers. thanks for nothing. >> you think it's novelty, wearing off? >> you can do a lot because what happens is i had an outfit like clearwater on last night, which does software as a service for, let's say, trust funds, and you can ask it questions, and i had the oth

coach napier his first signature win in the s.e.c. 29-16.s to go. lining up, a 61-yard field goal attempt is good! s.e.c. record and walk-off win in front of a first sellout crowd in four years. the tigers shoot down the cougars. that's a shout out to our producer who went to mizzou. the fans storming the field, awesome. finally, university of iowa beat the pants off western michigan and one of their cheerleader's pants, symbolic. he pulled those up just as quick as they went down, didn't he? >> oh! >> good morning, lovely people. happy sunday. happy nfl sunday. the falcons will be wearing the throw backs. look out for my boys against the packers today. >> you just walk in with a helmet. >> beautiful ensemble. >> you want me to put that on? >> please, don't it. >> thanks, coy. >> yeah, coy wire, thank you. i think that would fit your head, too. >> oh! >>> christiane amanpour shares the story of the ukrainian ballet dancers keeping art alive on the "whole story with anderson cooper." here is a look. >> what does it mean to you to be on stage

they said in the s.e.c.as been deleted, although they can't guarantee it. that's an admission that they fade ransom. mgm did not appear to pay the ransom and saw the widespread outages in mgm and not in caesar's. it is ironic, for caesar's, paying the ransom is a gamble. you faye ransom and you gain access to your systems. it's not clear the hackers will do what they claim they will do if you faye ransom. two, there could be legal liability. it's not illegal to pay a ransom but it is if it is a sanctioned group. say north korea. once you pay a ransom, you put a target on your back as a company who is willing to pay a ransom. other hackers take note. the former fbi agent said it might cost them tens of millions to beef up their systems because other hackers will see this and make attempts of their own. >> and folks might be tempted to not feel sorry for the casinos. there's a ton of casino workers in las vegas so there are folks affected by this. let's listen to how an mgm employee describes the attack to our

>> well this all starts because of the financial situation, with the s.e.c.has happened, it is less about short-term money, but making sure in the long-term you have a place. best example is what we saw over the weekend on friday when the acc added stanford, cal and smu. well smu is not getting any money for the next seven years from the conference. but they're so worried that in this game of musical chairs they'll be left without a conference. they're not getting a financial impact out of it. but you've seen that playoff is expanding next year to 12 teams. the reason is for more television money. but the problem is espn and the other networks are going through financial issues that have nothing to do with football and are not willing to actually pay some of this money. so the first round of the playoffs next year currently don't have a television -- on television because they're fighting over the bidding on that. moving forward i think the industry is ink changing. >> and look at oregon state and washington state, they were left over and between that and il,

number two, and i mentioned this on the conference call, the s.e.c. in terms of mandatory breach disclosure, you have to be able to disclose and report this within four day, material breaches. we think it's going to be a driver for companies. obviously, we want the stop all those, but you want to be instrument in a way that you can identify these attacks and be able to report to the regulators if there is a potential issue. and that's why big and small companies need security. >> and i shouldn't have neglected to say how hugely prompt you are versus where you might have been. that's the focus. you decided to pivot. you make money for your customers, and you made a lot of money for your shareholders. and that's terrific. george kurtz, co-founder and ceo of crowdstrike. george, always good to have you on the show. thank you. >> thanks very much, jim. >> "mad money" is after the break. >>> coming up, cramer takes calls and the sky is the limit. it's a fast fire "lightning round," next. ♪ is it possible to fall in love with your home... ...before you even

although schools are moving to the big ten or the acc or s.e.c. mr. bean: gene smith, is it true what he says? preaching the truth? mr. smith: i don't know about preaching. what he said is pretty good. the core issue there is in the transfer portal those things coming together with where we are with n.i.l. we got to remember transferring is a good thing. student athletes deserve the same rights as other students. now, with our institution where student athletes decide to transfer, we got to make sure we understand why. if they are transferring because we made a commitment we didn't live up to, we need to look in the mirror. don't point the finger at the student athlete. one. the reality is the s.e.c., the big ten in particular, have done a great job over the years of creating a culture that everybody else wants to be a part of. that's reality. mr. bean: here's a tossup question for every panelist. i'm going to ask you to give me a number. that number is your confidence on a scale from one to 10. 10 being absolute confident that the ncaa can handle thi

. >> reporter: in an s.e.c. filing, caesars entertainment says, "we have taken steps to ensure that the stolen data is deleted by the unauthorized actor, although we cannot guarantee this result." the confirmed cyber attack, the first of two reported just days apart. earlier this week, just down the vegas strip at mgm, slot machines suddenly went down, guests waited for hours to check in, and atms were offline. the fbi is now investigating what many experts already believe. did the same cyber criminals who hacked caesars also hack mgm? the question now, are they holding personal data from that casino for ransom with mgm saying today they are working diligently to resolve our cyber security issue. tonight, it appears luck has run out for two major casinos. miguelal g al ma gare, nbc news >>> we have a new development, a story we brought you here last night. this luxury cruise ship stuck in the mud off the coast of greenland for three days was finally pulled free today by a research vessel. the luxury liner with m

. >> well, gary gentzler can speak about gamefication, but the s.e.c.approved this product. >> they did. it's one thing to stand up and say this is illegal and somehow it's not illegal. the derivatives market is, we don't even know how big the derivatives market is, it dwarves the underlying market. there's nothing illegal about it. the question is whether we want to keep endlessly encouraging it. there's not a legal basis to deny the application for this. i think it's fine. i'm not opposed to it continuing to trade. i'm simply trying to raise a flag here and say, look, there are aspects of this that make it very, very easy for market behavioral economics, if you study that, to get people involved, that dope mine high, the cash settlement, one-day bet. i think the s&p is up today, the nasdaq is up today, i've got a bet, this is a very easy way to bet. most people lose those bets. that's the problem i have. i'd like to see more discussions about holding onto it longer. go ahead. >> the point i would make is that day trading is nothing new. people have be

blackrock, invesco, s.e.c.. they had a deadline this week. they have delayed the decision. they can do that and it was expected. the next date to watch i believe is mid october, the next point at which they will have to respond. we will see. there's a lot of paperwork. there is a lot meetings to be done at s.e.c. between now and then the. it will be a fascinating fall at least in the bitcoin community. tom: futures of 16. it is jobs day, important to listen to ellen zentner, chief u.s. economist at morgan stanley. stay with us on the radio, on television, it is a bloomberg "surveillance". ♪ endless hardie® siding colors. textures and styles. it's possible. with james hardie™. it's easy to get lost in investment research. introducing j.p. morgan personal advisors. hey david. connect with an advisor to create your personalized plan. let's find the right investments for your goals okay, great. j.p. morgan wealth management. >> we do not have shared values, but we have a shared planet, and we have to work with the

. >>> still to come, week two of college football and the cal bears hosted a big s.e.c.ent in their home debut. plus, a new champion in the world of women's tennis, and a bay area native had their hands on the victory, we will explplain. so, you've got the power of xfinity at home. now take i it outsidee withth xfinity m mobile. like s speed? it''s the fafat mobile s service aroround. with the b best price e for twtwo lines ofof unlimited. only $ $30 bucks a a line p per month.. that''s hundrereds inin savings a a year when y you wave bybye toto the otherer guys. all onon the most t reliabe 5g netetwork natioionwide. you realally shouldndn't walkt ththe front dodoor withoutut. switch tododay at xfinitymymobile.com.m. >>> week two across the nation brought us action from a couple of bay area schools. the team that has become appointment viewing. we begin with cal hosting hugh freeze and the auburn tigers. first half, there is a buzz at cal memorial stadium. jaden often come up the middle and he finds the end zone for the 14 yard score, cal led 10 to 7 1/2. six minutes to

more people were interested in him and that program than they were interested in and the s.e.c.with the rain defending two-time national champions. there was more interest in deion sanders and that program than there was in the national championship. when you hear people with black, you do not see too many black folks in colorado. i know because i've been there. >> you don't see too many of the 1-2 punch of having both a black head coach and a black quarterback because historically, that's two of the whitest decisions, i get that a coach is not a position. colorado is 21 points. does the fun and today? you are a guy that knows the x's and o's. talk to me about that. >> oregon is lethal . they put up points in bunches. no joke. top 10 nationally ranked team. they see colorado coming now. colorado has issues defensively. period. prime time will tell you. hot garbage on offense. the play like our garbage and defense. they cannot seem to bring it together. this is a situation with the exception of opening weekend, when they upset the national runner-up, tcu, with the exception of th

to the department of energy to the s.e.c., requires the measurement. we are done with it to focus on g.d.p. growth and americans flourishing at home. that is what we will focus on measuring and first step that is using to shack will the united states as they continue to catch up by the day. it's not too late to get this right. we are behind, but that is the first step from our economic independence from china. the second step is critical. it requires regaining control over our modern way of life. and there is a special reason why we are giving this speech here, 5 to 10 minute drive. that comes to declaring our semiconductor independence from taiwan. i want to tell you how serious this is. today, we depend on taiwan for the little chips that power our modern way of life, from these phones in our pockets, to those lights, to the cameras, refrigerators that kept your water cold before you drank it this morning, those are powered by these little chips, leading edge semiconductors, manufactured and powered by tie what wan -- taiwan. the fact that our entire

. >>> s.e.c. chief gary gensler said companies looking to go public in the u.s.hould do it before tomorrow as the looming government shutdown would put agencies at a skeleton level a short timeline if you want to get an ipo one-day notice brian moynahan struck a cautious note with becky quick. >> there is a tremendous amount of activity that is sitting there. whether it is due to ipo or whether transactions with the buyouts and things it is not going to go without a certain amount of certainty. >> meaning nobody wants to bring a deal >> very strong companies, that's going to happen. the general flow idea is far away until you get stability >>> on the data front, u.s. durable goods orders rose in august up 0.2% on the month against the expectation of a dip. a jump of machine orders as business spending on equipment picked up. bank of america ceo brian moynihan told cnbc he is concerned we will avoid a hard landing. >> .50% gdp second quarter it slows down and comes back up above 1% at the end of next year and finally back to 2% in 2025 >> a gradual low is that a s

street journal, the company plans to sell shares $28 to $38 a piece and amend the filing with the s.e.ce, instacart would fetch a valuation of $10 billion. >>> whatsapp is denying a report that owner meta platforms is looking at advertising models to boost revenue. the ft report adds that meta is weighing whether to charge a fee to use whatsapp without ads. that would be a significant ch change. >> a huge change. i know people with family members in other countries rely on whatsapp to communicate. a big shift. >> critical to talk to family members abroad. i do. >> bertha coombs, thank you. >>> time now for a fresh look at the view from the c-suite with the results from the cfo council survey. it is a mixed picture on inflation and fed fight against it. leslie picker has more. >> reporter: cfos are feeling better about the inflation picture. almost the entirety of cfos surveyed in the third quarter questionnaire think inflation has peaked with just 5% believing inflation could go higher from here. that said, the majority of cfos predict the fed will not hit the 2% target until 2025. in t

through 2040 and beyond according to the filing to the s.e.c.pple will have access to the piece of the core property which is used in the iphone and m mm mac chips. this moves as the chipmaker is set to debut on the nasdaq this year. interesting story, joumanna, and following on from the conversation this week about the potential investors in the a.r.m. listing. we have confirmation that apple and a.r.m. have signed up for the partnership. this has to be seen as good news for a.r.m. they secured this company. >> on the infrastructure and technology services that a.r.m. has to offer. apple is not in it for the ipo, but the long term. it is a strong deal of approval for the company as we talk about the anticipated listing which should happen in the next couple weeks. they have a lot of talk as we have talked every day this week on the show about where the ultimate valuation will land. so far, the news at the beginning hasn't been so positive in the sense that what we have been hearing from the street is expectations of where they will list will be

expectations on the most recent quarter and issued a downbeat forecast shares of thor down 2.5% >>> s.e.cnt company on whatsapp. the firms include apollo global and kkr and tpg and blackstone. >>> and breaking moments ago, tesla in china is part of the by the block into the electric vehicles industry is receiving unfair subsidy as there was evidence to suggest a probe which could overwhelm the ev car industry. >>> centering around stocks appearing to subside goldman sachs finds leverage at fastest pace since 2020. and clients are cutting leverage since the october lows last year and joining me now to discuss is amy wu silverman at rbc capital markets. amy, great to have you here. >> good morning, frank >> what do you make of jpmorgan chase and morgan stanley saying short selling is on the rise what does that tell you about the market >> the sentiment and options market, frank, has shifted as well i would call it an inflection point from the beginning of september. a few months ago, folks could not buy call options fast enough in the magnificent seven everyone had to jump in the pool at th

s s.e.c. filing revealed a lower valuation than implied in previous filings.hat debut is set to be the biggest in america in years. cnbc spoke to goldman sachs' ceo david solomon who said the upcoming space of ipos could spark the sector. >> if you ask me to look ahead over the course of the next few months, especially if a.r.m. and other ipos go well, you will see a meaningful increase in activity. that is anemic. nothing happens. really, investment pbanking activity if you go back to the second quarter, that was at a ten-year low. it is not hard to improve off that. i think we can quickly get back to a more normalized level of activity. that could be good for goldman sachs. >> that was a great interview. i suggest you go to the web site and look at it. he did obviously talk about the criticism he was facing and about the future of david solomon and he brushed it off now and pointing to the strong quarter to come from an ipo perspective. >>> coming up on "street signs," ryan air boss faces a different type of meal after a run-in with protesters in brussels. >

and in june the s.e.c.ccused binance u.s., its holdings and founder of mishandling customer funds and misleading investors and regulators. in marc they charged him with a violation of federal law. it dropped briefly for the first time in three months yesterday. >>> and shares of oracle are facing pressure again today after suffering the biggest one-day decline since 2002. down more than 13%. the loss is coming after oracle's first quarter revenue slightly mised forecast and it gave weak guidance for the first quarter. >>> a lot more to come on "worldwide exchange" including one word investors have to know today. >>> first, gearing up for the arm's ipo tomorrow and tech giants getting in on the ground floor. the latest private company set to test the private waters one letter-bound sandal at a time. >>> and later, we speak with number four ranked andrew grinstadt who's giving advice to one of the most historical stocks. >>> we have a busy hour ahead when "worldwide exchange" returns. to use predictive monito

i believe the s.e.c. is bloated and frankly out of control in a myriad of areas but that does not mean we just turn a blind eye to the budgets of every aspect of the federal government. we have to bring some semblance of fiscal sanity to this government and starting even with the good cops on the beat, quote, unquote, is a responsible thing to do. the cftc can still accomplish its mission if their budget is restrained to a degree, there's not been any significant issues in the derivatives market since 2008 where the cftc has not been able to accomplish its position and the lower funding level will allow them to do the same. i yield back. the chair: the question is on the amendment offered by the gentleman from florida. those in favor say aye. those opposed, no. in the opinion of the chair, the ayes have it. the amendment is agreed to. the chair understands that amendment number 64 will not be offered. it is now in order to consider amendment number 65 printed in part f of house report 118-216. for what pu

ed: that is pretty sharp calling the chair of s.e.c. in the regulator a bully.fix the industry through the court and not regulation. he gave me the stamp that if they had not killed the industry here that the post-pandemic economy here would be better. he see rates for curve marshall real estate would be about less than what they are and they are currently 32%. guy: let's transition to what is happening with apple. how big of a china problem does apple now have? you have a new iphone that people will look at comparison to an iphone. and they have a government working for us saying you cannot use those. ed: the central agency has given instruction to get rid of your foreign phone, not just apple but the nondomestic brand phone and make it a domestic brand phone. we remind the audience a year ago that bloomberg reported the chinese government issued a similar directive for personal computers. they gave a two-year deadline for all government agencies and state backed corporations to transition domestic hardware to a personal computer. next week we have the apple ev

now joining us is super bowl champion and former pro bowl safety roman harper from s.e.c. network.ut this. this is deion sanders' biggest test so far. he says sometimes the offense is good. sometimes the defense is good and now is trying to get them on the same page against oregon, number ten, their biggest test. can they do it? >> how dare i get on "good morning america" and try to talk about what deion sanders cannot do and what he hasn't been able to do with this team. the oddsmakers said they wouldn't win more than three games, and they will have exceeded that in the next two weeks, oregon this week, usc next week. deion sanders is amazing and exceeded every expectation his whole life. i grew up having deion sanders on my wall. and not from football. as a great player with the atlanta braves, greg up in atlanta is where i first started to love deion sanders, becoming the greatest of all time. having the ability to coach his kids and be who he is. he is great all of the time, not just sometimes. anybody that doubts this man should go back to sleep this morning. >> janai: he will

you have been hiding out in money markets, consider lengthening your duration a little bit current s.e.c ever >> thank you thanks for watching. i'll see you on "closing bell. "the exchange" starts now. ♪ ♪ >>> thank you, scott welcome to "the exchange." i'm kelly evans, and here's what is ahead this hour stocks are under pressure as the latest confidence report shows consumers very much under pressure, as well. we'll have more on that ahead, including three names you want to avoid because of it the dow right now down 282 the nasdaq is down more than 1%. >>> plus, more on the pain points we are seeing in real estate to the lending pressures amid rising rates and soaring costs and the two cities that don peeble

more people were interested in him and that program than they were interested in an s.e.c.eigning defending two-time national champions. there was more interest in him and that program than there was in the national champion. that's prime time. when you hear people, you don't see too many black folks in colorado. >> you don't see too many of the one-two punch of having both a black head coach and a black cornerback, which have been two of the whitest positions. let me ask you this. i have colorado in the 21 points. does the fun end today? you're a guy who knows the x's and o's. talk to me about that. >> oregon is lethal. they put up points in bunches. they are a top ten nationally ranked team. not to mention the fact that they see colorado come ing now. colorado has had some issues defensively. prime time will tell you. they are hot garbage on offense. and they can't seem to bring it together. thsz one of those situations with opening weekend when they upset the national runner up in tcu, with the exception of that, you see them coming now. so when you look at that perspect

in money markets, consider lengthening your duration a little bit current s.e.c. yield is 5% >> no shoes in the house >> no shoes in the house, ever >> thank you thanks for watching. i'll see you on "closing bell. "the exchange" starts now. ♪ ♪ >>> thank you, scott welcome to "the exchange." i'm kelly evans, and here's what is ahead this hour stocks are under pressure as the latest confidence report shows consumers very much under pressure, as well. we'll have more on that ahead, including three names you want to avoid because of it the dow right now down 282 the nasdaq is down more than 1%. >>> plus, more on the pain points we are seeing in real estate to the lending pressures amid rising rates and soaring costs and the two cities that don peebles says are ripe with opportunity as a result. but first, we begin with two other pressing developments. joe biden just touched down in michigan and is set to join the uaw picket line, first president to ever do so, as negotiations show no sign of ending soon. phil is live on the ground there. and no resolution in washingt

that's a good -- going to s.e.c. next year.parting gift. >> i see. >> they played like 100 times, 90 times, somewhere in that range. >> that's a nice good-bye to give them. rachel: can we talk about rome again. >> i thought we did that one. rachel: i know. >> you've been thinking about rome during the headlines. >> or did football turn you off that much? rachel: yeah, it did. >> what. rachel: if you don't give me the class on football, i'm not going to get into it. >> would you have been at the cthecoliseum saying this bores . rachel: i don't like that kind of violence. i always root for the bull. >> what about the chariot race. rachel: i do love glad yeah tore. -- gladiator, maybe i would have been into it. rac.>> those are our gladiator. thousands of runners taking to the streets in new york city for the annual tunnel to towers, 5 a k. rachel: let's check with joey jones who is live outside of the tuntunnel where the race is goig to kick off in half an hour. >> it's almost time. they're getting ready. we've got a bunch of fir

case that you brought up, the chevron case is what allows regulation, regulatory agencies like the s.e.c fairness bureau, the environmental protection agency. it's what allows those agencies to regulate, right? because what they do is take loss of congress, and then apply them through the powers of the executive branch. now, there's certain justices, neil gorsuch being the top list among them, who don't think that executive state, the administrative state as we call, it should exist at all. and that's the view that clarence thomas has evolved into, right? so there is that case coming up. there's another case, joy, coming up about the 16th amendment and the right to have a federal income tax that is meant to preemptively kill the wealth tax. and i promise you, i promise you, when the kochs or harlan crow, or any of these which republican donors got clarence thomas on the phone and his rv the summer, what they were talking about was the 16th amendment case so that they can preemptively kill the wealth tax before it even has a chance to pass. so, this is very much, people need to understand

we know the s.e.c. companies to do this and they're protesting >> right that's part of it. but you have a lot of ira funding, infrastructure funding. that has been tremendous that's also helped bring private money into climate, because they see government money is going into it, as well what a lot of folks are talking about now is higher interest rates. and like right here in new york city, where they want to decarbonize real estate, it's much more expensive due to higher interest rates and that pulse everything back. >> kind of explains why the uk prime minister is on the tape right now pushing back some of their ev decladlines. >> and it's why solar stacks are down higher interest rates make it hard to afford >> easier to do during boom times, i guess >> absolutely. >> diana, thank you. up next, one of hsbc's top strategists weighs in on the impact of this afternoon's fed decision, the end of the hiking cycle and no resecsion a few of his predictions you'll want to hear from him, next we need to scale

i also have to believe that the s.e.c. it would be a good housekeeping seal of approval to say listen, we got these from clearwater, we didn't make these up. >> absolutely. and we can give them a comprehensive global view. so what matters for us, jim, is you could have some asset in europe which blows up. and if you don't aggregate that every day and bring it together you're not going to get the right picture. you have covered companies here which have just blown up in one part of the world. people didn't even know they had exposure. our clients see their exposure every day. and that's what we give them. >> now, you have talked about artificial intelligence. everyone kind of does. what i've been telling people is please tell me how it helps the client and please tell me how it helps your bottom line because an amorphous artificial intelligence, i can't have that anymore. people say jim, tell us how it helps the client. >> okay. and that is a lot of our investor data was because of that for that. so look, is it a totally de

it's why the s.e.c.d money transmitting crimes. he agreed to forfeit more than $1.5 million in his part of his plea. he admitted that in 2021 and 2022, he steered tens of millions of dollars of political contributions, says here, to both democrats and republicans, i guess, in his own name. when the money actually came from alameda research, the hedge fund arm of ftx. he says they were made at the behest of sam bankman-fried. in bankman-fried's trial is set to begin on november 23. >> there have been a number of former ftx executives that have agreed to cooperate with the government in this case against sam bankman-fried. ryan salame had been holding out and wasn't going to, so this is a new development that he's actually pled guilty as well, agreed to forfeit $1.5 billion. i still can't figure out where the heck he got that money. but agreeing to all of that. >> it appears that none of these people are going to have prison time at all. >> that's what it sounds like, and that must have been part of the ne

united states and gary gensler continue to propagate, confusion, masquerading as power to the sp's -- s.e.core power they feel they have because they will just keep filing lawsuits. >> still clearly a lot to talk about in the u.s., that was the ripple ceo this morning. >> annabella joining us from token 2049 in singapore. let's get you other top corporate stories that we are following, the cofounder and main promoter of the $4 billion pyramid scheme -- one coin pyramid scheme has been sentenced to 20 years in prison. cross sebastian greenwood had pleaded to one of the first and biggest criminal frauds and -- evolving crypto currency. the crypto queen and the world's most wanted crypto fugitive. >> china has sentenced the former head of the nation's largest life insurer to death with a two-year reprieve. the former china life insurance chairman was found guilty of taking bribes worth 45 million dollars and hiding overseas deposits. chinese authorities warned the nations top banking executives that a corruption crackdown was far from over. we have more to come on daybreak asia. this is bloomb

not only the s.e.c., you know, the tennessee valley authority, things like that. social security. could you imagine? have you thought about why this country seems to have lost its sense of history? >> well, i don't understand why democrats are not more eloquent about claiming this heritage that you're talking about, mike. this is their political legacy. they are descendents of the most progressive administration almost in this country's history, and you almost never hear them say, in the footsteps of franklin roosevelt, in keeping with the legacy of franklin roosevelt. i wish they would. i hope that they will because i think that is a very strong legacy to take to the american people. roosevelt was committed to protecting the average guy, the average investor, the ordinary investor overwhelmed by the plutocracy of the 1920s. protecting our land. protecting electric power, expanding it out into the dark corners of the country. it was an astonishing accomplishment, but it was accomplished through leadershi

my hello survivors of o s.e.c. has been living and hoping to move forward from this abuse, from this horrific situation they were at, but being in that situation where they've, you know, they had, they have these materials still online, and they can't move forward. so that's why i am asking, alongside with survivors of o psych, is to have these removed permanently, because it keeps, it keeps going back into our lives. it keeps going back into his o.s.e.c. survivor's lives, and how can we move forward? how can we move forward for our lives if we keep being reminded of all of these horrific situations? >> appreciate that. in for sharing that, and i agree with you, and, again, congress needs to act. mr. tomato, i'm reminded, as we're listening to this, of section 230 of the communications decency act, which a lot of these platforms hide behind and shell there. do you have any opinion, or you want to comment on that? >> well, i think there's, there's two things i would say to that. thank you for that question. first i