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sofi can help fund all your ambitions. (♪♪) no matter how ambitious. (♪♪) bank with sofi to score a highercome bonus. sofi. get your money right. >>> retail very much on investors' minds today. we mentioned target, going to open almost 16% or so. tjx, close behind. dollar tree is going to open up 4%. there's la-z-boy and urban tonight. ywu can catch us any time, anhere, just listen to and follow the "squawk on the street: opening bell" podcast. (♪♪) something amazing is happening here. possibilities are multiplying. that's because cdw architects are maximizing ai capabilities across organizations with microsoft copilot. ai-powered solutions and devices make complex tasks easier and cybersecurity stronger, so everyone on your team stays protected and productive. make amazing happen. microsoft and cdw. >> announcer: the opg bell is brought to you by nuveen, a leader in income, alternatives, and responsible investing. >>> all right, let's get to a "mad dash" with jim. american express downgrade this morning. >> painful piece. bank of america. premium multiple requires more than execution and

we heard you perform sofi.on it for like four years. it took like many different versions of the song appeared before the pandemic there was a version of that song. then we changed it. we never felt like it was perfect, so we left it off of our last album. then we finally felt like we nailed it on this one. >> when i first heard you, i thought oh, you're portuguese because you add some portuguese into the music. then i found out that you guys were between florida, new york, and vegas. how did you take your sound on the look? >> i have a brazilian soul. i used to live in brazil. i speak portuguese. and we collaborate with this amazing brazilian poet. i was born in germany. i went to international school. i don't even know where i'm from. >> that's why it feels so like everywhere. even the fashion and the videos are fantastic. who is the creative? >> we just kind of have crazy ideas, and then we have amazing people around us who help bring it to life. >> i am so glad you guys are here. you are going to play "purp

sofi can help fund all your ambitions. (♪♪) no matter how ambitious.nus. >>> turning back now to the federal reserve and chairman jay powell walking a fine line between keeps price gains at bay and avoiding an all-out recession. aside from inflation and employment, there is another factor the fed should price in the path forward. one contingent on the 2024 election. the return of donald trump to the white house. so says evercore vice chair krishna guha. he is out with a piece in "the financial times" with the "fed dilemma on trump." krishna joins us now. what exactly is the dilemma the fed faces? >> the dilemma here is the world next year and the economy may look different on the trump presidency versus a harris presidency. now, the fed's existing economic outlook and published rate plans in the sep really offer a reasonable approximation of what the world might look like under a harris presidency, particularly if as many assume. harris would be constrained by the senate. not able to do big public spending programs. it probably does not provide a very

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sofi. get your money right®. sejack: electric vehicle growths slowing.might be too high, why is that it is a graveyard for most automakers, electric vehicle margin and the bad news keeps piling up for the past week and it decided to scrap a full size electric suv, ford and gm have put off the opening of plans that make full size electric pickups, that is because demand is not there, it rose about 50% for ev's in the united states last year. this goes five or 10% the best in the ev market share is basically under 10%, it is stuck there. jack: can i assume you feel like we should triple the tax credit or have i got that wrong. >> divided administration's health and on forcing a transition to ev's with a whole host of tax credits and rebates and fancy charging stations, it's not working well. it used to be donald trump offered a contrast for that and he was skeptical of ev's. now that is cozied up to elon musk it's not clear how he stands on ev's anymore. >> you think investors should go anywhere near this. >> the stocks are trading very cheaply, and invest

. >> calling about sofi. >> i am believing that sofi might be the right one.t has done nothing and nothing, but how many times have we been told look it's about to occur if rates come down, now might be the time. i see the risk reward to be very positive for sofi. now, chad in wisconsin. >> hey, thank you for taking my call i appreciate it. so, i had to ask the main man himself. it's kind of a little bit of an issue, a debacle trying to figure this one out. so, surprise retail sales recently with electronics bring the number two consumer most purchased. also back to school along with economic inflation data, this week there's a little bit of a.i. exposure with a earnings call on thursday am i going to get the hold call or the bull button from dell technologies. so i believe michael dell, the stock is down to 111 which is decent risk reward, i'm saying you can buy it. how about ethan in california? ethan. >> hey, what's up jim? how are you doing? >> i'm all right. i have a toothache actually. i don't know. i can't fix it myself, go ahead. i will get something.

businesses are getting ready for another boom we've seen from start to finish from to sofi to intuitcredible. you know, it's been a lot of traffic, you know, a lot of games and you know, customer new customers. >> reporting in inglewood. >> the arena cost around $2 billion to build and was the creation of clippers owner steve ballmer, the former microsoft executive is also picking up the bill. the arena will also display basketball jerseys representing high schools from all across the state. that's fun. >> boy, that sure is. that looks nice. all right. there are six weeks left in baseball's regular season, so this is really a bad time to hit a slump. yeah. >> abc7 news sports director larry beil is here. larry. >> dan. well, at least there wasn't another extra inning los. and that was only because this game was decided very early by the braves mighty bats. the best summer plans come from the back seat. let's go camping! i want to see a dinosaur! let's rescue a puppy... a real one. let's go on a big family road trip! volvo plug-in hybrids. short trips on electric, longer trips on gas.

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the 2028 olymics start on the 14th ofjuly with the opening ceremony at the los angeles coliseum and sofi stadium. taking a look at the olympic medal table, team gb finished seventh on m golds, their lowest position since athens 200a. while great britain matched total medals won from london 2012, the netherhands finished above team gb because they won one more gold medal. the usa beat china again by securing a top of the table finish, this time with 126 medals, a0 which were golds. both japan and australia enjoyed their most sucessful games to date while host nation france finished 5th on 16 golds. following the end of the closing ceremony, athletes have begun to leave the french capital, with team gb boarding a train at gare du nord station. 230 athletes have boarded the eurostar back to england including medal winners tom daley and matt hudson—smith. but as team gb make their way home, the boa chief executive, andy anson, has reflected on their success while acknowledging some frustration at a lack of gold medals in comparison to previous games. winning a medal on every day of the games

businesses are getting ready for another boom we've seen from start to finish from to sofi to intuityou know, it's been a lot of traffic, you know, a lot of games and you know, customer new customers. >> reporting in inglewood. >> the arena cost around $2 billion to build and was the creation of clippers owner steve ballmer, the former microsoft executive is also picking up the bill. the arena will also display basketball jerseys representing high schools from all across the state. that's fun. >> boy, that sure is. that looks nice. all right. there are six weeks left in baseball's regular season, so this is really a bad time to hit a slump. yeah. >> abc7 news sports director larry beil is here. larry. >> dan. well, at least there wasn't another extra inning los. and that was only because this game was decided very early by can your pad flex with you without shifting? always flexfoam can. it's the only pad made with a flexible foam core with wings that fit securely for up to zero bunching and zero leaks. can your pad do that? see what foam can do for you. [♪] if you're only using faci

sofi. get your money right®.tch fo to duckduckgo on all your devie duckduckgo comes with a built-n engine, like google, but it's r and doesn't spy on your searchs and duckduckgo lets you browsel but it blocks cookies and creepy ads that follow youa and other companies. and there's no catch. it's fre. we make money from ads, but they don't follow you aroud join the millions of people taking back their privacy by downloading duckduckgo on all your devices today. stuart: millions of workers in australia given the right to ignore their bosses outside of work hours thanks to the new right to disconnect law. madison, what happens to bosses who break the rules? >> the punishment can be pretty severe. the work commission can order a company to stop contacting their worker after hours. if the order is not obeyed the company can be fined up to 94,000 australian dollars equal to 60,000 american dollars so if you are not working and want to ignore your boss's calls, text or e-mails, the law is on your side. australia's right

sofi has helped over 130,000 people take the leap towards home ownerships. sofi mortgage.nt options. and on-time close guarantee. >>> welcome back. here's a bright spot, a really bright spot in the market. today shake shack shares are surging 16%. they reported better than expected sales, saying a robust demand for chicken, burgers and services. with raymond james seeing an upside, overall are we still seeing consumer signs? let's talk more about the state of the restaurant business with our very own kate rogers who's joined by wingstop's ceo. >> thank you very much. high, michael. great to see you. wingstop has seen phenomenal growth in this challenging market. same-store sales up 27%. tell us what the strategy for wingstop is and the sea of values to keep customers coming back in. >> we set a record quarter in q2 that we reported yesterday. same-store sales up almost 29% and that's being driven primarily by tractnsaction grow. we believe we're a category of 1. we have a lots of opportunity ahead of us. we grew our ank nual units offerings. and we set a new target for ave

the 2028 0lymics start on the 14th ofjuly with the opening ceremony at the los angeles coliseum and sofiic medal table, team gb finished seventh on 14 golds, their lowest position since athens 2004. while great britain matched total medals won from london 2012, the netherhands finished above team gb because they won one more gold medal. the usa beat china again by securing a top of the table finish, this time with 126 medals, 40 which were golds. both japan and australia enjoyed their most sucessful games to date while host nation france finished 5th on 16 golds. following the end of the closing ceremony, athletes have begun to leave the french capital, with team gb boarding a train at gare du nord station.

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sofi. get your money right®. stuart: yeah, that's a rally all right.e nasdaq's up 32 the 27. favorable comments on interest rates from jay powell, up we go. now take a look at microsoft. what's the story, lauren? lauren: they're holding a security summit on september the 10th, and they don't want that crowdstrike outage that or forced 8.555 million windows devices off line, so they violated crowdstrike, some of the other partners and government representatives. full transparency here. stuart: all right. meta? if. lauren: they have canceled their plans for the premium mixed reality headset that was expected to compete with apple's vision pro. stuart: the canning goggles, right? lauren: yeah. stuart: i just can't see masses taking up goggles, people going around like this. lauren: for $3500, no, i can't either. stuart: all right. the investigation into trump's assassination attempt, five secret service agents put on leave. david spunt following the story. what more do we know, david? >> well, stuart, of the five we know that four of them are in the pitts

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the olympic village will be at ucla and the opening ceremony will be at sofi stadium. >> you mean he didn't actually drive it all the way here on a motorcycle? they were like, only he could get it here in 15 seconds. coming up, as many of us still enjoy our summertime popsicles and watermelon and all the barbecues, some of us feel like maybe we shouldn't even be talking about pumpkin spice just yet. yes, an overloaded by sugar as well. >> wait, what? yes. are you up for a cotton candy burrito? how about this? we'll explain. coming up in world news now. hopefully you brought us one of these >> is your shower trying to tell you something? is getting in and out of the bathtub becoming a safety concern? are you worried about the cost of a bathroom remodel that could go on for weeks and weeks? well now you can have a gorgeous new bath or shower that's safer at a price you can afford with a one day jacuzzi bath remodel. >> it was done the same day. we did not have to wait. it is amazing. amazing. >> working with the jacuzzi design consultants. it was a seamless process and there really is

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sofi. get your money right®. (♪) you know, you only get one body. to do this. your body may take up a lot of space. or have to speak with its hands. but no matter what body you're born with, you only get one. let's fight like hell for it. (♪) ♪(voya)♪ there are some things that work better together. like your workplace benefits and retirement savings. voya provides tools that help you make the right investment and benefit choices. so you can reach today's financial goals and look forward to a more confident future. voya, well planned, well invested, well protected. ♪ >> all right, my next guest has been spot on all year long and well, the most recent note she put out, titled major reversal in the market, time to buy. well, that is a good question. let's bring in our special guest, going the wrong way on these things. which way am i going there? show me the right one, golly. one more. i think i have big fat thumbs today. entrepreneur hlc, ceo, eva ados thanks for joining it before we get to the answer we'll walk our way to the answer. big fed rate cu

sofi. get your money right®.ith disliked and inconvenient injections. study results are arriving monthly from lexarias patented oral delivery technology trials. lexaria bioscience. maria: welcome back. iran's supreme leader signals he wants to start negotiations with the united states. the state department said a spokesperson at the state department said arianne must stop the escalation and cooperate with the international atomic energy agency without negotiation can continue. a former obama official who helped get the jcpoa signed told fox news digital that kamala harris would sign a similar agreement with tehran if she wins the white house. joy to be retired four-star general fox news senior to staging analyst in institute for the study of war, general jack keane. it's a pleasure, thank you for being here, what are your thoughts on this yet the state to permit on the one hand saying you have to stop all of the attacks on israel ever going to redo the talks and then you have an obama spokesperson saying kamala h

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liz young thomas is sofi's head of investment strategy. gabriella santos, chief market strategist for jpmorgan as et management. lauren good win with new york life vests. good to have you here on post nine. is the worst over, liz? was monday one of the panic attacks and we left it in the rearview? >> i think it was a panic attack. i don't think it is over. i think this yen thing will resurface again. what we learned this week and what we're learning today is that i think it is the bounce people expected to see on tuesday, and we tried a couple of times. we tried on tuesday, we tried on wednesday. interday we got high and gave it back by end of the day. this is the bounce people are waiting for. we have learned we're not bouncing for bouncing's sake. we need good news to move forward and to prove that the rally is durable. today we got some good news, but the interesting part about what happened today is that it was just on the initial jobless claims data. in the trailing one-year period this is the biggest move we've had on initial jobless

sofi. get your money right®.p-flopping on key policies like energy during her cnn interview. watch this. >> no, and i made that clear on the debate stage in 2020 the that i would not ban frack. as vice president i did not ban fracking, as president i will not ban fracking. i made very clear where i stand. we are in 2024, and i have not changed that position nor will i going forward. i've kept my word. my values have not changed. i believe it is very important we take seriously what we must do to guard against what is a clear crisis in terms of the climate. and to do that, we can do what we have accomplished thus far. the inflation reduction act, what we have done to the invest, by my calculation, probably a trillion dollars over the next ten years investing in a clean energy economy, what we've already done creating over 300,000 new clean energy jobs, that tells me from my experience as vice president we can do it without banning fracking. if half of laugh a.m. damn yeah. [laughter] let's welcome to the show form

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sofi has helped over 130,000 people take the leap towards home ownerships. sofi mortgage.proval. low down payment options. and on-time close guarantee. i can't believe you corporate types are still at it. just stop calling each other rock stars. and using workday to put finance and h.r. on one platform. tim, you are a rock star. using responsible ai doesn't make you a rock star. it kinda does. you are not rock stars. (clears throat) okay. most of you are not rock stars. oooh. data driven insights, and large language models. oh, that's so rock roll. it is, right. he gets it. yeah. >>> yesterday, the u.s. government announced a massive prisoner exchange with russia and other countries. as part of the deal, the russians freed an american "wall street reporter" evan gershkovich and one who was inn cars incarcerated. for the past year, eamon javers has been working on a documentary about that individual. he joins us now. hey, eamon. >> good morning, joe. this is the story of one of the most damaging insider trading rings of all time and the fbi and department of justice operati

sofi.realized elaine had doubts about our relationship and now as much as anything else led to my drinking problem. charles: folks a will the of talk about recession and what to do with your portfolio. we've been doing it here a lot and there was an article and they were making fun with this and how to drink your way through a recession and might be damaging but i think we aren't focused enough on true economic pain already out there and i want to welcome in big money show cohost taylor rigs and breanna. recession, people change and it's tough. one opportunistic the few areas for job increases and therapists and people are based it in a tough situation. >> you know, look at consumer behavior for one, chars, and i thought about you as well and woke up overnight and paramount lane off work force and cutting 100 jobs and vastly cutting 11% and then cisco saying they want to do similar layoff than what they did in february and preparing for what this recession will be and how consumers can resp

businesses getting ready for another boom. >> we've seen from start to finish, from to sofi to intuit it's been incredible. you know, it's been a lot of traffic, you know, a lot of games and you know, customer new customers. >> reporting in inglewood. >> the arena cost around $2 billion to build and was the creation of clippers owner steve ballmer, the former microsoft exec is also picking up the bill. the arena will also display basketball jerseys representing high schools from all across the state. the effort to revitalize struggling downtowns is a big part of building a better bay area. the city of hayward doing its part recently spending millions to buy a movie theater on b street, right in the heart of downtown. some say this is a risky move, but as abc seven news reporter anser hassan explains, others believe it's the anchor. downtown hayward needs. >> hayward mayor mark salinas doesn't like the empty storefronts in the downtown. >> we have empty buildings that are owned by people who may or may not live in the city and who sit on them and don't lease them. i don't know what the

sofi can help fund all your ambitions. (♪♪) no matter how ambitious. (♪♪) bank with sofi to score a higherta a few minutes ago and jumping on the second quarter earnings. a little earlier in the show. speaking to martha stewart on the set. wrapping up the interview and noticed a meta charted deplayed. what she said then about meta and then tesla. >> meta. >> going to be a lot of fun. >> meta rising, rising, rising. how fabulous. >> there it is. >> yep. >> you own the stock? >> yeah. >> full disclosure there. >> nice. what else is in the martha stewart portfolio? >> what is? what else? >> i have been an investor in google, apple. the big tech stocks. tesla, i loved tesla. pissed at elon musk. >> pissed at elon musk? >> i am. better get back to work in certain areas. >> what's your problem? >> i love electric car. i drive -- had two electric cars now getting the rivian truck. if we don't get going on this stuff and concentrate. >> and against tesla? >> no. love the colors the shape, the whole thing. tried the cyber truck. still too crazy for me still. >> martha stewart singing praises of tik

sofi personal loans. low, fixed rates. borrow up to $100k.red. >> he reported nine straight quarter of falling same-store sales, i got that right. it obviously had some issues. it's a department store libido depression for a while. one of the things is not cheap and not expensive and is having a middling moment. i will say there is a turnaround plan and place but it's really only a pilot program in a big open question on how quickly they'll be able to roll that o out. >> it's been tougher department stores including calls in nordstrom they combined market cap at macy's, calls in nordstrom around $10 billion, compare that to the off-price physician strongest area retail which is tjx the pair of t.j. maxx and marshall's over $135 billion. >> when they can't sell the stuff at department stores tjx buys on the cheaper marks it up and sells it. >> exactly. i miss the tjx i know people stop there for the treasure aspect and by designers of cheap. it seems the ratio of stop is a little too high. i don't get the stories. >> defend tjx. >> i will defe

sofi.re no sure things and investing but it's a pretty good odds that we will see interest rates coming down which gives investors an opportunity to move ahead of that, what are your suggestions. >> the september rate cut is in the cards what does that mean for you it's not as good news for sabers because the yields that we use on the high-yield savings account money market funds are going to come down and it's not too late and cds and retiree for income you can get close to 5% in a common strategy staggering so you will buy cds and maturities one, two, three, four, five when it expires or matures, that's a good strategy to consider for retirees. >> should you put as much money possible into the longest dated ones on the theory that when you try to go in a year or two you will get lower rates. >> that's a good question if you don't need the money, you have to remember the cds early withdrawal penalties. if you need the money there is a chance you will need it, no. jack: what else do we like

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crypto dot com arena sofi stadium and the historic la memorial coliseum will host dozens of events neighboring long beach, temecula and parts of the san fernando valley will also be showcased during various competitions. new sports will make their olympic debut, including flag football squash an obstacle racing. and after a century long absence cricket is making a comeback. we had been anticipating for many years. we're all wishing that it eventually gets approved by the olympic committee and was last fall. >> la leaders announced major changes to the metro to make it easier to travel around our massive traffic filled city making real progress on the metro dealine, which will add 7 new metro stops. >> including one near ucla home to the olympic village. will it really is an opportunity to introduce angelenos and the world to a bill grown-up network of a rail and bus system. >> and security, of course, is going to be top of mind. the mayor, the ceo of metro and various law enforcement agencies have all spent quite a bit of time at the paris 2024 games and say they're going to be implementing a

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paris >> will be handing off the flag to the first woman mayor of los angeles crypto dot com arena sofi stadium and the historic la memorial coliseum will host dozens of events. >> socal native and four-time gold medal diver greg louganis says he hopes 2028 will be unique in its own way. we've got look at it through different lenses. >> we'll hear. how are we going this experience last >> bay area native son, wnba star sabrina ionescu and chelsea gray are leaving paris with gold medals. the women's basketball team beat france to win their 8th straight gold medal. sabrina was born in walnut creek. gray is from hayward. >> still ahead, why a local restaurant has been recognized for wife. also the oakland zoo for land just got a lot of grant money. power will be spent. if you manage to get under clear skies tonight. that's kind of a big if and away from a lot of light. >> you might see the perseid meteor shower at its height, known as natural fireworks and they've been streaking across the sky since mid-july, but apparently tonight will be among the brightest best fuse. you can get reporte

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sofi. get your money right®. ♪ ♪.e you ready for this nfl season kicks off next thursday with the ravens facing against the defending super bowl champs kansas city chiefs created the cost a bit more to get to the game this year with nfl ticket price is up 9% overall, some fans will have to tack on higher costs another's the detroit lions have the most expensive average ticket in the league the season at $254 while the saints are selling the cheapest on average at $43 we will be following on the sun "mornings with maria" 6 - 9:00 a.m. eastern weekdays on fox business i hope you will join me weekdays right there for "mornings with maria" that will do it for us on fox business. thank you for being with a great rest of your labor day weekend and i'll see you next time. >> "barron's roundtable" sponsored by global x etf's ♪ ♪

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but briefly uh buse we want to go to the next video report i mean latifa mentioned as interest in in sofie islam i mean how did that affect his political posture when he came to building regional alliances well you being a sufi muslim or being interested in sufi islam meant that essentially he was sp in a very crude. sort of more of moderate, he was more open and tolerant of other uh, interpretations of islam, sure uh, that would include of course shia muslims in iran and in yemen, and so it meant that he was less inclined during the sort of syria split that happened back in 2011 to join on the side of the people who were trying to overthrow bashar al-asad, these people were of course very unsavory characters, there were some elements of hamas who did end up sort of... well our next report looks at israel's horrifying record of assassinations stretching back for well over half a century. the zionist regime has a long history of carrying out extrajudicial targeted killings, not just within palestine, but also across the world in flagrant violation of international. law: one of israel's earl

sofi has a five-point plan that includes tax breaks for businesses and a new public university fund create more people studying and living in that environment. so real downtown campus pitch. this candidate hopes resonates with voters in november. we want to have a city that thrives for everyone in san francisco, stephanie land's kron. 4 news. >> coming up, the issues of retail theft and the fentanyl epidemic front and center at the state capitol. more on the state capitol. more on that next. i i wasnjnjuredn n a josisite i'i'd ca t the bnenes fi.. the state capitol. more on that next. i snsn't se e whato o do.i e best call i could have madite i'i'd ca t the bnenes fi.. the state capitol. more on that next. injured on a job site?do.i e call the barnes fi ♪ call 1-800 eight million ♪e i'i'd ca t the bnenes fi.. >> the locked door loophole bill is now law. that's right. governor newsom signed it is part of a package of public safety measures aimed to tackle smash and grabs another retail theft under the law. victims of car theft no longer need to prove that their car doors were locked when th

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