i'm tyler mathisen with your cnbc news update at this hour.esident donald trump said he will vote yes on a florida ballot measure to legalize recreational marijuana. trump made the announcement on a post on his truth social platform sunday night and it's his clearest stance on the issue so far. >>> existing newborn screenings could identify risks for sudden infant death syndrome or sids according to a study published today by "the journal of the american medical association." a particular group of chemicals called metabolytes could identify it. they're part of the a newborn screening through a blood sample test. and the country music awards were announced today, but one superstar was notably absent from the list. beyonce, the singer's full -- first full-length album cowboy carter was shut out despite its lead single "texas hold ''em" to top the country charts in february. beyonce's camp has yet to comment. >> they should ask kanye. >> he'll have something to say. >> see you soon, tyler mathisen. google is in court as the tech giant faces anoth

. >>> welcome back to "the exchange," everybody i'm tyler mathisen with your cnbc news update at thiss biggest drone strike yet the strikes killed at least one person, wrecked dozens of homes around the russian capital and forced about 350 flights to divert from moscow's airports. russia says it destroyed about 20 ukrainian drones around moscow and 124 more in eight other regions. so says moscow >>> australia looking to set a minimum age limit for children using social media by the end of the year over mental health and physical health concerns while the country's prime minister didn't specify an age, he said it would likely be age 14 and 16. it's unclear how the ages would be veryified the plans critics say it could drive dangerous online activity underground. >>> sony will release a new version of its playstation contoc consol for $700. the consol will play standard games even faster. sony hopes the refresh will drive more sales of playstation 5, which have sold more than 59 million units since 2020 one of them belongs to my son. kelly, back to you >> new apple phones, son kolls >>

tyler mathisen.ands of east and gulfport workers are set to strike at midnight if ey th cannot reach an agreement with the maritime alliance. it would be the first dock strike in more than 50 years. after the break we'll tell you what's at stake and how long it could last. so how do you invest in gold? sandstorm gold royalties is a publicly traded company offering a diversified portfolio of mining royalties in one simple investment. learn more about a brighter way to invest in gold at sandstormgold.com. welcome to the now way to network... they switched to juniper's ai-native network. so they can take their game to a whole new level... that's the now way to network at work— with real ai— letting you rise above it all. >>> welcome back. we could be less than 11 hours away from the long shoreman's association strike on the east coast in nearly 50 years. among 50,000 port workers are expected to strike around the east and gulf coast shutting down 36 ports and holding billions in shipments. the era of pe

alongside kelly evans, i'm tyler mathisen glad you could join us on this tuesday.ome new reco

alongside kelly evans, i'm tyler mathisen. glad you could join us.ed decision on interest rates. the odds are still somewhat split on whether wwi

i'm tyler mathisen with your cnbc news update.a briefing currently underway, the acting director of the secret service says the agency needs more agents and equipment immediately. and for the long-term. he's discussing findings from an internal investigation that found there were communications breakdowns, in what he called a lack of diligence ahead of the july assassination attempt on former president trump in butler, pennsylvania. >>> the u.s. is planning to announce next week the long awaited agreement to draw down troop levels in iraq. white house officials tell politico they are in the final stages of negotiations over the plan, which would have 2500 u.s. troops leave iraq by the end of 2026. critics on the hill say there's no strategic military advantage to carry it through. >>> and the georgia state election board approved a rule earlier this afternoon requiring counties in the battle ground state to hand count all ballots this year. in addition to the machine counts at polling stations. a hand count must be done the night

isle kelly evans with tyler mathisen. we're coming to you live from washington, d.c., where that most consequential fed decision and press conference in years are about to take place. >> the final countdown. i wanted that music to come in. remember that song, the '90s rock song. the market is very much in wait and see mode, the dow, s&p still hovering near record highs, but the russell is in negative territory. we have a big hour ahead from wall street to washington. we'll hear from economist claudia sahm and gary gensler. the s.e.c. voted unanimously in favor of major reforms to impact retail and institutions alike. and we'll check in with both sides of the aisle on a government shutdown, senator elizabeth warren and john kennedy joining us live ahead. >> the last time we were here was last november. we were also talking about a government shutdown. we were also talking about a market that had priced in a significant number of rate cuts, just like we have right now, wondering if they're overly confident about that. what'

with kelly evans, i'm tyler mat mathisen.

along with kelly, i'm tyler mathisen. >> apple ties into the question mark we're asking. last week's selloff about a weak economy or about the undoing of some o /* oif /* of of the ai hype. >> it's been busy. we dropped our son off. here's a souvenir. >> is there a pillow to cry on? >> my wife has not stopped crying. >> was there nothing reason for being out? did somebody have a birthday last week? >> i did have a birthday. >> a big 4-0. >> it's good to be home. >> big market week. first week of the year, sirat. >> the market is doing better. can the market go ahead without the fab 7 and can you get that resilience that we need, otherwise, just the big boys bring everything down. today you see that. we need a little bit of bounceback. we got a little extreme. really it's all about fed, right? where are we in terms of the economy. >> totally. >> cpi, inflation kind of right now has been put to bed, but you never know. and then you get the other fear of deflation. i think that's where the market is at. you're kind of in the quiet period, the apple catalyst. and then you go

and welcome to "power lunch," alongside kelly evans, i'm tyler mathisen glad you could join us on thisuesday. the dow falling while the broader averages are slightly higher bank stocks the big drag on the dow. jp morgan around goldman sachs coasting 200 points between them bank capital requirements were less strict than feared, but this morning jp morgan saying expectations for net interest income are too high and that turned those stocks lower. >> that wasn't even ceo dimen it was dan pint o bank of america outperforming. >>> tech is getting a boost from oracle, soaring to a new all-time high. up little less than 11%. strong ai demand boosted its earnings more ammo for the camp that ai is real, ty and will add to tech company profits. i did a double take when i saw these results come in last night. broadcom, nvidia, both failing to deliver -- >> not really lighting it up. >> not in the least. >> here comes out of the pack -- >> right. >> horse race. oracle would be the seventh horse coming around the final turn here it's done a very nice job. >> and just in time because just as the na

i'm tyler mathisen with your cnbc news update secretary of state antony blinken announced over $700 millionfor ukraine's energy grid, he said the aid would provide humanitarian support and pay for de-mining operations >>> election officials nationwide are warning that issues with the postal service could disrupt voting officials said over the past year, local election officials received mailed ballots that were postmarked on time days after the deadline to be counted, and properly addressed election mail was being returned as undeliverable the postal service did not immediately respond. >>> joe biden approved an emergency declaration for louisiana, which makes federal disaster assistance available for the state. ahead of hurricane francine's impending landfall later today the national weather service is forecasting life threatening storm surge in louisiana kelly, back to you >> tyler, thanks >>> the race to the perfect robo taxi is on, as waymo raises standards with a safety dash board. deidre bosa has all the details. deidre >> reporter: so, kelly, there's still a lot of skepticism around

♪♪ >>> welcome back to "the exchange," everybody tyler mathisen here with your cnbc news update the justiceile criminal charges in former president donald trump's campaign hacking case law enforcement officials tell nbc news doj officials have said iran was behind last month's hacking effort to spread lies stolen from trump's campaign. iran's mission to the u.n. has yet to respond, but has previously denied involvement. >>> a military court in congo today delivered death sentences to 37 people, including three americans after convicting them on charges of participating in a coup attempt the defendants can appeal the verdict on charges that include terrorism and murder 14 people so far have been acquitted in the trial >>> two men have been charged with burglary for stealing a famous piece from a london gallery. the police there say they recovered the artwork "girl with balloon" which the men allegedly stole sunday night court documents value the work at $355,000. kelly, back to you >> and iconic photo, creation. tyler, thanks. >>> ai infrastructure winners, look at these numbers. and there's

. >> now to tyler mathisen for a cnbc news update. >> thank you very much.shelter in place orders are still in place after a chemical gas leak from a rail tanker near cincinnati. officials said the leak has stopped leaking and is under control and the epa says there are no air quality issues. the chemical leaking is a gay u >>> israel's army chief told troops earlier today that the air strikes in lebanon were designed to pave the way for a possible ground operation to destroy hezbollah's infrastructure. israel has widened its air strikes in lebanon and shot down a missile. ballistic missile by the way. but hezbollah says it launched a target at moussad in save. >>> americans may not be spending as much for halloween. nearly half of consumers started shopping before october, up from 45% last year. halloween spending is forecast to hit $11.6 billion, 5% below last year's record of $12.2 billion. i'm guessing that halloween is big in your house. >> they're already asking about the costumes. i need help. i do. >> i'll see what i can do. >> thank you. see you soo

i'm tyler mathisen with your cnbc news update ukrainian president volodymyr zelenskyy confirmed thatlaunched a counterattack where ukraine launched a surprise incursion last month. russia claims it's recaptured ten settlements, but zelenskyy says everything is going according to ukraine's plan. >>> data forecasts holiday sale also grow about $1.6 trillion, the slowest growth pace in six years, down from growth of more than 4% last year. we shall see >>> and more than 405,000 visitors visited taylor swift's custom link to register to vote, according to the general services administration, which oversees the website that the custom link directs. her social media post, where she endorsed kamala harris for president, had a custom url to vote dot gov which helps visitors to vote in their state. kelly, back to you >> she's got some power. tyler, thank you very much >>> the ai boom is putting a big strain on the u.s. power grid, and the white house is tapping america's biggest ai players to discuss how to move forward. meeting today with leaders from openai anthropic, google, microsoft and

. >>> over to tyler mathisen now for the cnbc news update. tileer? >> thank you very much, kelly. biden and kamala harris will meet with ukrainian leader volodymyr zelenskyy on september 26th. the white house said this in a statement today, that zelenskyy will meet with them separately, where they will discuss the u.s. support for ukraine and its fight against russia, as well as ukraine's strategic plans. >>> the fbi reported wednesday that iranian hackers september unsew unsolicited stolen info from the trump campaign to interfere in the election. the bureau is not suggesting anyone who received the information responded to the outreach. >>> firefighters near los angeles say they are close to containing three huge wildfires that have burned almost 120,000 acres. destroyed nearly 200 buildings and injured more than 20. more than 8,000 firefighters, 8,000 are on the scene of the bridge line and airport fires. cal fire says cooler weather has helped in the battle for more control. >> wow. he was talking about that when they went out for the sports conference, those wildfires. tyler,

. >>> welcome to "power lunch" alongside kelly evans i'm tyler mathisen good to be with you.lad you are with us stocks wrapping up a strong week, the nasdaq and the s&p up every single day so far this week >> it's actually so -- this is not how september was supposed to go, by the way. remember >> september is usually a pretty bouncy month. >> the past four years on average we're down 6%. today is the day, if i recall correctly, that morgan stanley told us the buy-back window closes ahead of corporate earnings the weakness could start in the back half of the month. >> it's friday 13th. >> indeed it is. boeing is taking a another leg down this afternoon, it's union workers walking off the job today, more than 30,000 of them after an overwhelming vote to reject the company's contract offer. that has moody's putting boeing on review for downgrade and the shares are down almost 4%. >> down a lot. the union clearly looking for a pie yer pay raise, up as much as 40% over four years. the company, i believe, offered 20% over four years. maybe -- i think this is a strike that needs to

alongside kelly evans, i'm tyler mathisen glad you could join us on this tuesday.ow just turning negative, but we did set some new records for the dow earlier and the s&p 500 as well. >> and the dow is getting a boost today from caterpillar, in particular one of several stocks benefitting as china tries to boost its struggling economy, they had a raft of stimulus measures announced last night. i was not overly impressed by the 4% market move they enjoyed. but the case was made that it is the start of something significant on the monetary policy side. >> their economy has been struggling a little bit, certainly, by many standards people would be envious of the growth they've had, but not for china. they have a lot of people they need to employ and this cut of a big rate over there could be one of the moves in the direction to stimulate. we'll see and see what american companies might benefit from that. >>> on the downside for the dow, you have visa reports that the doj is set to sue the company and call it a monopoly, particularly with respect to its debit card busi

i'm tyler mathisen with your cnbc news update at this hour.nation of former president trump appeared to follow law enforcement directions and was taken into custody without incident, this according to body camera footage released today of the confrontation. the martin county sheriff's office published the video on facebook less than 24 hours after the incident near trump's florida golf course where the former president had been playing. >>> a neighborhood in the houston suburb of porte is being evacuated as a pipeline exploded and the microphone fell. >> tyler, i can finish it out. the firefighters were battling a giant plum of that fire that shot upwards and it sparked grass fires and burned power poles and the cause is still under investigation and in reno, the murdoch family arrived in court as their succession plays out. it will consider whether news corp. owner rupert murdoch was acting in good faith that he would keep it under control of his son lachlan murdoch. we are all excited to see just exactly how it pans out and tyler, i'll see y

alongside kelly evans, i'm tyler mathisen. glad you could join us.re 24 hours now from the fed decision on interest rates. the odds are still somewhat split on whether we will get a quarter point or a half point cut. joining us to discuss that and everything else over the next hour is brent beardall, the ceo of woff ed in the west coast. >> tyler, great to be here. kelly, great to see you. >> when the fed cuts interest rate, it's often a sign the economy is struggling one way or another. how do you see the u.s. economy right now? it doesn't feel like it's struggling particularly hard. and especially in your region of the country. >> you know, i think the economy has been remarkably resilient, especially the consumer. if you look at just the dramatic nature of what the fed had to do to get inflation under control, going from almost 0 interest rates to 5.25%, every one, including myself, no one likes to admit when they're wrong. i was dead wrong. i thought for sure they were going to impact the labor market. >> me too. hand up. i'm right there with you

. ♪ ♪ >> good afternoon, everybody, and welcome back to "the exchange" and i'm tyler mathisen with yourws update. israel struck lebanon which targeted a senior hez bbollah leades whose fate was unknown. it comes as 800 air strikes across the country today alone in which lebanon's health ministry says more than 200 people were killed and more than a thousand injured. >>> california is suing exxonmobil over its alleged role in globalplastic waste pollution. the state alleges the giant misled the public for decades by falsely claiming all plastic could be recycled. suing people makes headlines, but doesn't solve the problem and says it's advanced recycling work is a real solution to the plastic waste problem. >>> and the food and drug administration issuing a recall in 27 states for lactaid, the lactose-free milk saying it may contain trace amounts of almonds which aren't listed on the lable. the fda says it could pose a life-threatening risk with those with a severe allergy to those nuts. >> i'll bet. tyler, see you soon. thank you so much. >> sam altman could be on his way to being the p

with kelly evans, i'm tyler mat mathisen. stocks are higher now. expecting volatility throughout the session. >> a little, but generally speaking it has been green arrows across the board and all about china. stocks are soaring there again as the country gets even more aggressive on stimulus, this time more fiscal. $280 billion of sovereign bonds they'll issue this year. big number. >> it is sort of the, hey, we're going to do whatever it takes to get the economy going again. and they moved over from relying solely on monetary stimulus now to bringing in the fiscal weapons. >> it has got people thinking back to mario draghi's comments, he said, i'll do whatever it takes to defend the eu. david tepper made comments this morning, he was very bullish on china on "squawk box." take a listen. >> i thought that what the fed did last week would lead to china easing, and i didn't know that they were going to bring out the big guns like they did. and i think there is a whole shift. >> well, when asked what he was buying in china, tepper said, everything. an