POPULARITY
Categories
Andy Burnham is set to enter No. 10 later today to become the UK's fifth prime minister in 4 years. We are live at Downing Street for the latest. Brent crude surpasses $90 per barrel, up 2.9 per cent in session as the U.S. targets Iran for a ninth consecutive night. Three U.S. troops have been confirmed dead following Iranian retaliatory strikes in Jordan and Iraq. Ryanair posts a miss for the first quarter, down by more than a third on the year. Passenger revenue slumps and jet fuel spikes with prices trending lower in the current quarter. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Asian markets suffer a sell-off as jitters over the AI rally persist Stateside. The U.S. hits Iran for a sixth consecutive day, targeting bridges in the south while Tehran retaliates with a barrage of missile strikes at U.S. positions across the Gulf. The handover process of power within the UK Labour party begins today with Andy Burnham set to take over as Prime Minister on Monday.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Taiwanese chip giant TSMC smashes another record with an 80 per cent surge in Q2 net profits on the building wave of demand for its AI processors. Further exchanges of fire between the U.S. and Iran in the Persian Gulf could reportedly prompt President Trump to expand operations in the region. Trump remains confident the conflict can be concluded in the near future. Sterling hits a yearly high despite reports incoming prime minister Andy Burnham is set to make Shabana Mahmood Chancellor of the Exchequer as Sir Keir Starmer attends his final PMQs. UK GDP for May ekes out growth of 1.3 per cent year-on-year. However, May manufacturing is down by 1.8 per cent year-on-year.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Dave Rubin of "The Rubin Report" talks about the "All-In Podcast's" Chamath Palihapitiya telling Squawk Box's Andrew Ross Sorkin about his red-pill moment, when he realized that the mainstream media had lied to the nation about who Donald Trump really was; Whitney Cummings telling Nitty Gritty Podcast host Natalie Friedman what Donald Trump whispered in her ear after she roasted him on Comedy Central's roast; UCSF Chancellor Dr. Sam Hawgood being cornered by Rep. Mary Miller and Rep. Bob Onder about what gender clinics are actually doing by prescribing puberty blockers and hormones to children; Border Czar Tom Homan telling Fox News' Griff Jenkins how the media is misinterpreting the suspension of ICE traffic stops after the ICE shooting of a man in Portland, Maine; Sara Gonzales confronting Thom Tillis about his position on the SAVE Act being determined by lobbyists; "The View's" Sunny Hostin doubling down on her fear of seeing American flags because she associates them with white supremacy; and much more. Today's Sponsors Chapter - Optimize the one piece of your health most people never audit: the Medicare coverage that pays for all of it. For free and unbiased Medicare help: Dial (332) 867-0207 or Go to: https://askchapter.org/rubin Chapter and its affiliates are not connected with or endorsed by any government entity or the federal Medicare program. Chapter Advisory, LLC represents Medicare Advantage HMO, PPO, and PFFS organizations and stand alone prescription drug plans that have a Medicare contract. Enrollment depends on the plan's contract renewal. While we have a database of every Medicare plan nationwide and can help you to search among all plans, we have contracts with many but not all plans. As a result, we do not offer every plan available in your area. Currently we represent 50 organizations which offer 18,160 products nationwide. We search and recommend all plans, even those we don't directly offer. You can contact a licensed Chapter agent to find out the number of products available in your specific area. Please contact Medicare.gov, 1-800-Medicare, or your local State Health Insurance Program (SHIP) to get information on all of your options. Monetary Gold- For twenty six years, Monetary Gold has been helping Americans find financial freedom through physical gold and silver. Visit http://Davelovesgold.com or call (800) 888-4096 for a one on one consultation. Disclaimer: Performance may vary, consult your tax or financial professional.
ASML smashes Q2 estimates and hikes its FY guidance as huge A.I. demand offsets disappointing performance in the Chinese market. President Trump reverses his call for fees on tankers leaving the Strait of Hormuz under U.S. naval protection following investment pledges from GCC nations as a means of compensation. U.S. CPI slows more than expected as energy prices fall. Newly appointed Federal Reserve Chairman Kevin Warsh makes his first Congressional appearance and promises to keep his position independent from the White House while bringing down inflation. In luxury news, Richemont enjoys a 20 per cent boost in sales, beating estimates from Q1 with strong growth seen across the Americas and Asia.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The U.S. and Iran trade strikes for a third consecutive night with President Trump declaring American forces are blockading the Strait of Hormuz and demanding a 20 per cent levy on all cargo. Trump says he remains positive on being able to reach a peace deal with Tehran. The renewed conflict pushes Brent to its biggest one-day surge since the Covid pandemic. The UK and Switzerland sign a services trade deal ahead of Rachel Reeves' last Mansion House speech under Keir Starmer's premiership. We speak top Trade Minister Chris Bryant who predicts the incoming Burnham government will seek ever-closer ties with the European Union.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Crude prices rise as the U.S. and Iran exchange fire with both sides claiming control over the Strait of Hormuz. SK Hynix shares fall in Asian markets following the chip maker's $26bn U.S. ADR listing. Tech selling and Middle East uncertainty push Asian equities lower and trigger circuit-breakers on South Korea's KOSPI. European futures are also in the red following a four-day winning streak. Nippon Paints offers to buy Akzo Nobel's decorative paints arm for €7.5bn following a previous rebuttal for the Dulux-maker's entire business.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
SK Hynix's U.S. listing raises $26.5bn with investor demand said to be seven times oversubscribed. The Nasdaq listing is the largest by a foreign company on Wall Street. Technical talks between Washington and Tehran are ongoing despite this week's tit-for-tat attacks. Crude is set to break a four-week losing streak with the recent tensions threatening to trigger concerns about supply from the Gulf. In Germany, Volkswagen cuts capacity and slashes its model line-up in half but pulls back from announcing 100k job cuts as it faces worker and union protests at its car plant in Zwickau. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The U.S. and Iran exchange fire for a second day with President Trump threatening to increase the intensity of airstrikes. Kuwait and Bahrain suffer retaliatory attacks on U.S. bases while Qatar upgrades its security alertness. Speaking at the NATO summit, President Trump tells CNBC the conflict will not escalate into all-out war, insisting Washington's objective is to prevent Tehran obtaining a nuclear weapon. Despite Trump's declaration the MOU with Iran is over, markets remain sanguine. However, Brent nudges closer towards the $80-mark.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The U.S. targets Iran with fresh airstrikes and revokes its license to sell crude oil after attacks tankers in the Strait of Hormuz. In response, Iran fires missiles at U.S. bases in Bahrain and Kuwait. We are live at the NATO summit in Ankara where President Trump again raises the Greenland question and threatens to pull all troops out of Europe over allies' defence spending. However, NATO Secretary-General Mark Rutte tells CNBC Trump's pressure on alliance members over funding has delivered big results. European leaders concur that spending into the bloc must be increased as the war in the Gulf has left the alliance on high alert while the Ukraine conflict nears a pivotal moment.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
We are live in Ankara where NATO leaders are gathering for the bloc's annual summit. The focus is again on the U.S. commitment and allies' increased spending. Secretary General Marc Rutte insists there is unity and coordination from all members. The U.S. Ambassador to NATO Matthew Whitaker tells CNBC Washington does want the organisation to succeed but allies' defence spending must ‘keep pace'. Stellar preliminary earnings from Samsung send jitters through Asian markets, causing a circuit-breaker on South Korea's KOSPI as investors sell off. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Dave Rubin of "The Rubin Report" talks about Elon Musk's brutal response to Zohran Mamdani's 4th of July speech on America's 250th birthday, where he directly attacked America and Elon Musk; Argentina President Javier Milei revealing to Ciudad Magazine what he really thinks is behind leftists' denial of economic facts; Gavin Newsom telling Jack Cocchiarella why he welcomes the wave of Democratic Socialists coming into the Democratic Party, unaware that it will be establishment Democrats like himself who are targeted next; CNN's Dana Bash being surprised by Josh Shapiro being one of the few Democrats willing to mildly criticize Democratic Socialist Darializa Avila Chevalier; CNN's Harry Enten sharing new polling data that should scare the Democratic establishment about the upcoming midterm elections, as the rise of Democratic Socialists endangers Democrats' chances of retaking the House; Donald Trump telling Squawk Box's Joe Kernen why the SAVE Act and voter ID are the most important pieces of legislation in the country right now; and much more. Today's Sponsors: Plaud- Stay informed without drowning in content. Plaud helps turn long interviews, podcasts, and discussions into searchable notes and summaries in seconds. Use code RUBIN for up to 20% OFF Go to: https://Plaud.ai/rubin Shopify - Turn your big business idea into money with Shopify on your side. Go to Shopify and sign up for your one-dollar-per-month trial and start selling today at Go to: http://shopify.com/rubin Polymarket -Go to http://polymarket.com to trade on the outcomes of live events from politics, pop culture, to sports and more!
Crude prices are stable following last week's drop below pre-Iran war levels, as Opec+ nations agree to increase production. ECB Governing Council Member and Central Bank of Ireland Governor Gabriel Makhlouf tells CNBC fall in prices will not be felt though any relief inflation just yet. Speaking to CNBC at the Rencontres Économiques d'Aix-en-Provence, EU Industry Commissioner Stéphane Séjourné insisted the bloc must defend its strategic interests in the face of growing geo-political threats. EasyJet has reached an ‘agreement in principle' with U.S. investment company Castlelake which is set to acquire the UK budget airline in a deal worth an estimated $5.5bn.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
President Trump sits down for an exclusive interview with out colleagues Stateside and defends the conflict in Iran, accusing Tehran of exploiting prior administrations over the past 47 years. Trump also said markets backed his intervention. U.S. jobs growth slowed in June with just 57, 000 non-farm positions added. U.S. and European markets have now downgraded expectations of a rate hike. Europe's Stoxx 600 notches a fresh record high and futures also remain in the green for the end of the week.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
New Federal Reserve Chairman Kevin Warsh speaks to CNBC at the ECB Forum in Sintra that the U.S. central bank will be looking at overhauling how it conducts monetary policy but insists that bringing down inflation will be his primary objective. OpenAI has reportedly hinted it may give a 5 per cent to the U.S. government in a bid to curry favour with the White House. Oil slumps to four-month lows after negotiators claim indirect U.S.-Iran talks have progressed well in Doha. Further talks may proceed as early as next week. And we are live at Canary Wharf with Squawk On The Road. We hear from Canary Wharf CEO Shobi Khan tells CNBC that despite global turmoil and presumptive Prime Minister Andy Burnham's plans to shake up Westminster, London still remains a haven of stability for business.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Europe and Wall Street notch their best quarter since 2020 with tech and A.I. stocks leading the gains. The energy sector continues to suffer amid Middle East uncertainty. The euro zone's largest economies see June inflation slowing but Bank of England governor Andrew Bailey tells CNBC he is frustrated the conflict with Iran is still keeping prices high. We are live at the ECB Forum in Sintra hosting a headline panel. New Federal Reserve Chairman Kevin Warsh is due to speak as well. U.S. peace envoys Jared Kushner and Steve Witkoff arrive in Doha for negotiations but direct talks with Iran remain off the agenda for now. Meanwhile, Tehran says it is selling oil with a 20 per cent mark-up following the reopening of the Strait of Hormuz. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
We are live at the Sintra Forum where ECB President Christine Lagarde has backed the central bank's decision to hike rates in June as necessary to rein in inflation. However, Lagarde insists ‘unconventional instruments' are no longer needed since the last inflation shock. The U.S. Supreme Court has ruled that President Trump does not currently have the power to remove Federal Reserve governor Lisa Cook over allegations of mortgage fraud but could be granted them in the future. The U.S. and Iran present mixed messages ahead of peace talks in Doha. President Trump has reiterated his claim that the war has been won.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The U.S.-Iran peace deal falters over the weekend but a U.S. official tells CNBC hostilities have abated with talks set to resume in Doha tomorrow. European and U.S. futures are up on de-escalation hopes but crude prices hover around the $70 per barrel mark. In autos news, Volkswagen announces it will cut 100,000 jobs. We hear from the CEO of Germany's state-owned bank KfW Stefan Wintels who says the country is undergoing an industrial transformation. And in the UK, prime minister-designate Andy Burnham is to outline his economic outlook in Manchester today with devolution and a restructuring of Westminster to be top of the agenda.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
European equities end the week as Asian markets continue to sell off sharply. Apple and Microsoft announce price rises as the A.I. race constrains chip supplies and prompts concern over higher inflation. The UN's International Maritime Organisation suspends vessel escort operations through the Strait of Hormuz following an attack on a container ship in the Gulf of Oman. U.S. officials have blamed Iran as the peace deal comes under early pressure. Following the resignation of UK Prime Minister Sir Keir Starmer, we hear from UK opposition party leaders who cast doubt on whether a potential Burnham-led government can turn around the country's economic fortunes.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Dave Rubin of "The Rubin Report" talks about "The View's" Sara Haines' tense showdown with Sunny Hostin and Joy Behar over the danger of Democrats supporting far-left extremist candidates like Democrat Socialist Darializa Avila Chevalier, who won her election after being endorsed by Zohran Mamdani; CNN's Abby Phillip having her attempt to compare the extreme rhetoric of Democrat Socialists like Darializa Avila Chevalier to Donald Trump blow up in her face after Scott Jennings brought receipts of how dangerous these candidates really are; Donald Trump telling Fox News' Peter Doocy his reaction to Zohran Mamdani having more power over Democratic voters than Hakeem Jeffries; MSNOW's Ali Velshi asking Darializa Avila Chevalier if she is a communist; Squawk Box's Joe Kernen trying to get Senator Lisa Blunt Rochester to name one place where socialism has worked; Senator Tommy Tuberville revealing to Fox News' Martha MacCallum what really happened behind closed doors when Donald Trump backed away from signing the 21st Century Road to Housing Bill and ripped into Republicans for not getting the SAVE Act passed; and much more. Dave also hosts a special "ask me anything" question-and-answer session on a wide range of topics, answering questions from the Rubin Report Locals community. To celebrate Dave's birthday, we're giving you 50% OFF Copal from now through June 26. Don't miss this gift: https://drinkcopal.com/products/reposado WATCH the MEMBER-EXCLUSIVE segment of the show here: https://rubinreport.locals.com/ Check out the NEW RUBIN REPORT MERCH here: https://daverubin.store/ ---------- Today's Sponsors: Relief Factor - Relief Factor is an alternative to help your body's natural inflammatory response so you can keep doing the things you love. Try Relief Factor's 3-Week QuickStart—just $17.76. Go to: https://www.relieffactor.com or call 800-4-RELIEF. Angel Studios - Choose entertainment that is focused on stories about perseverance and real human experiences. If you go premium, you'll get 2 free tickets to see Young Washington in theaters this Independence Day, and be part of making this film the #1 movie in America for our nation's 250th birthday. Go to: http://Angel.com/rubin Prolon- Prolon's Fasting Mimicking Diet is a revolutionary, plant-based nutrition program that nourishes the body while keeping it in a fasting state. Prolon is offering 15% off their 5-day nutrition program for your post-holiday glow-up. Go to: http://ProlonLife.com/DAVE Shopify - Turn your big business idea into money with Shopify on your side. Go to Shopify and sign up for your one-dollar-per-month trial and start selling today at Go to: http://shopify.com/rubin Polymarket -Go to http://polymarket.com to trade on the outcomes of live events from politics, pop culture, to sports and more!
Equities in Asia are boosted by the chip sector through positive earnings from Micron and SK Hynix's announcement it plans a $30bn listing on the Nasdaq. Brent dips to levels last seen before the conflict in the Gulf as the Strait of Hormuz reopens. Futures indicate the world may soon be facing an oil glut. UK Prime Minister in waiting Andy Burnham is reportedly planning an overhaul of No.10 and the Treasury as part of his economic reform agenda. He is also seeking to overhaul the Bank of England's mandate to push more demand on growth. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Dave Rubin of "The Rubin Report" talks about Scott Jennings surprising CNN's Anderson Cooper with his dire warning for Republicans and Democrats about the victories of Zohran Mamdani-endorsed candidates like Darializa Avila Chevalier, Claire Valdez, and Brad Lander, and how the Democratic Socialists are beginning to take over the Democratic Party; Scott Jennings explaining how Jewish Democrat Dan Goldman, who was banned from a coffee shop for supporting Israel, was defeated by Brad Lander, providing more evidence of the growing antisemitism within the Democratic Party; Democrat leader Hakeem Jeffries being caught not knowing how to handle the rising threat of socialism within the Democratic Party; Nick Shirley's tense confrontation with a criminal who had previously assaulted his cameraman, whom the NYPD didn't even bother to arrest; Joe Rogan pointing out the connection between huge anti-ICE protests and the Somali fraud scandal in Minnesota to Taylor Sheridan; Rand Paul explaining to Squawk Box's Joe Kernen why new evidence clearly shows that Dr. Anthony Fauci lied under oath to Congress; and much more. To celebrate Dave's birthday, we're giving you 50% OFF Copal from now through June 26. Don't miss this gift: https://drinkcopal.com/products/reposado WATCH the MEMBER-EXCLUSIVE segment of the show here: https://rubinreport.locals.com/ Check out the NEW RUBIN REPORT MERCH here: https://daverubin.store/ ---------- Today's Sponsors: Plaud- Stay informed without drowning in content. Plaud helps turn long interviews, podcasts, and discussions into searchable notes and summaries in seconds. Use code RUBIN for up to 20% OFF (Prime Day limited offer). Go to: https://Plaud.ai/rubin Gaia- Gaia is a streaming service dedicated to the evolution of consciousness, featuring videos on disclosure, ancient wisdom, and the nature of reality. Go to: https://www.gaia.com/lp/disclosure-tr... Rumble Wallet - Don't let the big banks freeze your accounts. Own Tether Gold - real gold, on the blockchain and get direct ownership of physical gold bars, each one fully allocated, verifiable by serial number, purity, and weight. Download Rumble Wallet - now with USA₮ - and step away from the big banks — for good! Go to: https://rumblewallet.onelink.me/bJsX/... CBDistillery.com- Struggling with poor sleep or aches and pains? Take the advice of our over 2 million satisfied customers. Use CBD after physical activity for reductions in stress and pain. Go to http://cbdistillery.com and use code RUMBLE to save up to 25%!
The global tech sell-off continues with U.S. memory and A.I. related companies firmly in the red as investors reassess the A.I. boom. Micron is set to deliver its results later today. Strait of Hormuz traffic returns to its highest level since the start of the conflict in late February and U.S. President Donald Trump accuses oil companies of not lowering gas pump prices in line with falling crude. Secretary of State Marco Rubio lands in the UAE to reassure Arab allies since the Iran deal signing. Bank of America forecasts a triple hike from the Federal Reserve this year – up from its previous guidance of no hikes in 2026. It has slammed the central bank of its ‘unambiguously worse' problem with inflation. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Britain will have a seventh prime minister in a decade following yesterday's resignation by Sir Keir Starmer. Newly elected Makerfield MP Andy Burnham could be handed the keys to No.10 in less than a month time should no challenger step forward. SpaceX sheds almost half a trillion dollars of its market cap in Monday's session with further sell-offs seen among other tech mega-caps. South Korea's KOSPI triggers circuit breakers during the Asian session with Wall Street braced for more tech losses today. U.S. Vice President JD Vance hails peace talks with Iran in Switzerland as Washington waives sanctions on Iranian oil exports for 60 days. However, Tehran disputes claims it will be providing international nuclear inspectors access to its operations.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Peace talks between the U.S. and Iran conclude in Switzerland for the time being with an agreement to reach a final deal within 60 days. The talks had been hampered by President Trump's renewed threats to strike Iran and Tehran's resealing of the Strait of Hormuz. Crude prices tumble following Iran's announcement it would be resuming oil and petrochemical exports. Asian equities bounce on the news, led by Japan's Nikkei index. Under-pressure UK Prime Minister Keir Starmer could announce his resignation as early as today with increasing numbers of Labour MPs calling for him to quit.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Andy Burnham wins the Makerfield by-election, returning him to Parliament and setting up a leadership challenge against U.K. Prime Minister Keir Starmer. In geopolitics, U.S.-Iran talks today are called off after U.S. Vice President JD Vance cancels his trip to Switzerland, as the administration hits back at criticism of the deal from both sides of the aisle. Meanwhile, OPEC welcomes an interim agreement between the U.S. and Iran, pushing back on forecasts of a supply glut following the conflict. Secretary General Haitham Al Ghais tells CNBC exclusively that OPEC still has the power to manage the market.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The U.S. and Iran both sign their MOU for their peace framework. Crude prices tumble with hopes growing that the Strait of Hormuz will now re-open. President Trump warns the U.S. will reserve the right to retaliate should Tehran violate the deal. The Federal Reserve holds rates steady during Kevin Warsh's first decision as chairman of the central bank, but officials say hikes loom later in the year. Warsh said his key concern is to bring inflation back to its 2 per cent target. The CEOs of Anthropic, Google and DeepMind have led calls for a U.S.-led AI coalition for the sector. Tech executives and world leaders have convened at the G7 summit in Evian, France where French President Emmanuel Macron warned against nationalistic policies within the sector.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
More details of the U.S.-Iran peace agreement framework have been revealed with reports of a $300bn investment fund for Tehran along with renewed export capacities. We are live at the G7 summit in Evian, France where President Trump has said the deal also guaranteed Iran would no longer possess nuclear armament capabilities. A.I. and security are also in focus at the G7 with various top tech executives due to attend amid the fallout from the White House's export control of Anthropic's latest model. We are also live at the Vivatech conference in Paris where A.I. access and strategic autonomy will dominate the agenda. In the U.S., the Fed awaits its first decision under new chairman Kevin Warsh with the future of forward guidance crucial to the central bank. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
U.S. President Donald Trump arrives at the G7 summit in Evian, France, touting a win via the signing of a peace framework with Iran. The deal extends the ceasefire by 60 days and re-opens the Strait of Hormuz. Ukrainian President Volodomyr Zelenskyy is also at the summit and is due to meet leaders with EU membership discussions on the agenda. The BoJ lifts its benchmark interest rate to 1 per cent – its highest level in 30 years – seeking to normalise monetary policy and bring down inflation. Wall Street is in the green following news of the Middle East peace agreement. The Nasdaq surged 3 per cent on Monday while SpaceX shares clock a further 20 per cent in growth.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The U.S. and Iran agree to a plan to end the war and reopen the Strait of Hormuz. Negotiations about Iran's nuclear capabilities will be discussed over the next 60 days. Crude prices fall back towards the $80-mark as President Trump declares ‘let the oil flow'. Asian equities move firmly into the green with European and U.S. futures also set to move higher. The U.S. moves to limit access to Anthropic's most advanced models, prompting the company to restrict access altogether. President Trump heads to the G7 summit in Evian urging France to abandon its tech tax or face a 100 per cent tariff on wine exports. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Global investors eagerly anticipate today's SpaceX IPO – the biggest in history – with the company raising $75bn ahead of listing. President Trump postpones strikes on Iran, saying a peace agreement could be signed as early as this weekend. Tehran has responded that a deal has not been finalised despite Trump's claims it has the Ayatollah's backing. Renewed talk of peace in the Gulf sparks a tech-driven market rally in Asia with the KOSPI moving into the green by more than 8 per cent. European equities are set to follow suit.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The U.S. and Iran exchange fire for a second night with Iran targeting U.S. bases in the Gulf, vowing to target any vessels crossing the Strait of Hormuz. President Trump has voiced frustration over stalling peace negotiations. Wall Street closes in the red as investors fret over A.I. valuations, tech and surging inflation. Asian equities and European futures have followed suit. A rate hike from the ECB is anticipated later today – its first in almost three years – laying bare the impact of the conflict in the Gulf in new growth and inflation forecasts. And in luxury news, Frasers Group launches a takeover bid for Hugo Boss. It plans to buy up the remaining three quarters of the company it doesn't already own at a price of €38 a share.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The U.S. and Iran exchange fire following the downing of an American Apache helicopter over the Strait of Hormuz. Tehran claims to have targeted U.S. bases in Jordan, Kuwait and Bahrain as a result. Asian markets see the tech sell-off gathering pace with trade on South Korea's KOSPI briefly pausing. The negative sentiment has infected European and American markets, which are due to start the day in the red. SpaceX is due to close its order book today ahead of Friday's greatly anticipated and historic IPO. The company is reportedly up to 4 times over-subscribed. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
OpenAI decides to confidentially file to list with a reported target valuation of $1tn. Perplexity CEO Arvand Srinivas tells CNBC he hopes to take his company public in the medium term and that the success of larger companies will benefit his firm's own growth. Israel and Iran announce they are halting attacks but leave the door open to a resumption in hostilities with President Trump sounding a positive tine about ongoing peace negotiations with Tehran.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Israel and Iran have exchanged fire for the first time since April which pushes oil futures higher and potentially jeopardizing a peace agreement. The A.I. sell-off on Friday continues into the new week with South Korea's KOSPI tripping circuit breakers. A stellar U.S. jobs print raises the chance of a rate hike but President Trump remains committed to lowering interest rates. In Italy, Intesa Sanpaolo is looking to hijack a likely tie-up between BPM and Monte dei Paschi, tabling an offer for all BMPS shares.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Bankers tap the extraordinary valuation of SpaceX ahead of its listing next week. Goldman Sachs has reportedly forecast a 100-fold revenue increase by 2030 for the company. However, S&P Dow Jones Indices has ruled out a fast-track to the S&P 500, diverging from rivals Nasdaq. The AI rally stutters with the Nasdaq suffering a second day of losses while in Asia, the KOSPI nosedives. The head of OpenAI For Countries and former UK Chancellor of the Exchequer George Osborne tells CNBC he's bullish on the ‘exponential' demand for the A.I. sector. Hezbollah rejects the ceasefire deal between Israel and Lebanon while President Trump floats the possibility of a meeting with Iranian Supreme Leader Mojtaba Khamenei should a peace agreement be reached between the Washington and Tehran.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
SpaceX eyes a valuation of almost $1.8tn at its listing next week. It has marketed more than half a billion shares at $135 which will make it the largest IPO of all time. The U.S. equity markets end a five-day winning streak with oil falling back. Renewed tensions in the Gulf come as negotiators attempt to broker a ceasefire agreement between Israel and Lebanon. Israeli PM Benjamin Netanyahu tells CNBC that Lebanon must be demilitarized to ensure a lasting peace. Disappointing revenue forecasts from U.S. chip designer Broadcom sees investors sell off aggressively. Its market valuation shed $300m to put it on course for one of the biggest single-day wipeouts.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
SpaceX is reportedly planning a float share price of $135, eyeing around a $75bn IPO raise. However, Morningstar analysts believe the figure is hugely overpriced while Goldman Sachs CEO David Solomon tells our colleagues Stateside he believes that markets are living in a moment of ‘greed'. The U.S. proposes fresh tariffs on up to 60 countries it believes have failed to ban imports made with forced labour. Both the EU and China feature on the list. And in retail news, Zara owner Inditex has confirmed its guidance, reassuring investors that it can continue its strong start to the summer season amid cost-of-living pressures.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Anthropic is joining the A.I. IPO race, filing confidentially following last week's latest funding session revealed the company being valued at close to $1tn. However, Open AI's Sam Altman tells CNBC he is not rushing to list his company. We speak exclusively to Softbank CEO Masayoshi Son who says the A.I. revolution is the biggest mankind has ever experienced. President Trump tells CNB he is unfazed whether peace talks with Iran are over and expresses frustration with the lack of progress in ‘boring' negotiations. Trump said Israeli troops are retreating home from Lebanon following a call with Prime Minister Netanyahu. Berkshire Hathaway CEO Greg Abel invests a further $10bn into Alphabet after the tech giant raised $80bn for its AI infrastructure.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
We are live in Paris where Japan's Softbank has pledged up to €75bn for Europe's largest A.I. data centre project. Asian chip stocks are in the green as investors eye potential meetings with Nvidia CEO Jensen Huang at the Computex trade show in Taipei. Brent crude inches higher on the news Israeli forces push deeper into Lebanon. France has called for an emergency meeting of the UN Security Council. U.S. Central Command says it hit targets in Iran over the weekend but hopes remain that a ceasefire deal can be reached between the Washington and Tehran. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Oil dips after a White House official says the U.S. and Iran are close to a temporary peace agreement. Vice President JD Vance says he feels ‘pretty good' about how negotiations are progressing. Today's fall in crude prices are close to 20 per cent on the month. Equities in the U.S. have ended a stellar month of May while European markets lag behind. A.I. giant Anthropic builds up its latest round of funding by almost 200 per cent, bringing its market value to just short of $1tn to overtake OpenAI and become the most valuable A.I. start-up on the planet. Jeff Bezos's Blue Origin suffers a major setback in its bid to compete with SpaceX as a test rocket explodes into a gigantic fireball on lift-off.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
We speak with the founder and CEO of Points Path, which helps travelers get the most up-to-date pricing from both Google and airlines. Guest Julian Kheel is the founder and CEO of Points Path, a browser extension that helps you make informed travel purchases. Points Path performs the same flight search with Google Flights for each of its covered airlines, but requests prices in points or miles rather than cash. The results are then combined with Google's results, so you see the most up-to-date pricing available from both Google and the airlines themselves. In the free extension, Points Path offers award pricing for the frequent flyer programs of Alaska, American, Delta, JetBlue, and United. Paid Pro tier and Founders Club members also get access to Aer Lingus, Air Canada, Air France/KLM, Avianca, Emirates, Etihad, Qantas, Qatar, TAP Air Portugal, Virgin Atlantic, and Virgin Australia. All tiers include domestic and international flights on the airlines themselves, as well as flights with partner airlines. The free version of the Points Path extension includes real-time, true round-trip points pricing for US domestic airline programs, as well as bank transfer programs for those airlines, indicators when a transfer bonus is in effect, and deal recommendation arrows. Points Path Pro is a paid upgrade that adds more airlines, price-tracking alerts, a 7-day points calendar, and other features. Julian has extensive industry knowledge. He was previously Editorial Director of The Points Guy, as well as CNN's Senior Editor covering travel and credit card rewards, and also worked as a consultant for the “Big 3” airlines. He has appeared on CNBC's Squawk Box, Bloomberg Surveillance, and other TV programs to discuss frequent-flyer miles and has been quoted on travel rewards in The Washington Post, The Wall Street Journal, and many other national publications. Julian was kind enough to offer Airplane Geeks listeners a discount code for the Pro version. Use airplanegeeks15 at checkout. Hosts this Episode Max Flight, Brian Coleman, and our Main(e) Man Micah.
Oil prices whipsaw with Brent up almost 3 per cent following an Iranian missile and drone attack on a U.S. air base in Kuwait. The strikes were followed by the U.S. targeting of a ground control station in Bandar-e-Abbas just hours after optimistic peace talks comments from U.S. Secretary of State Marco Rubio had pushed crude lower. Federal Reserve governors Neel Kashkari and Austan Goolsbee warn CNBC rising inflation and price pressures are not easing. Global equity markets fall into the red again following yesterday's record session on Wall Street. The EU is reportedly looking to decrease its dependency on American technology and champion European companies. Mistral AI CEO Arthur Mensch tells CNBC he welcomes the bloc's direction.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
SK Hynix becomes the latest company to be valued at $1tn due to investor enthusiasm for A.I.-linked semi-conductor stocks. Iran accuses the U.S. of breaching the ceasefire with President Trump set to hold a cabinet meeting with high-stake peace negotiations ongoing. New car registrations in the EU surge 5.1 per cent with high fuel costs prompting renewed interest in EVs. However, Ferrari share plummet as its first EV offering, the Luce, is widely criticized. BP ousts its chairman Albert Manifold after less than a year in the position amid concerns over his conduct, governing standards and oversight. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
U.S.-Iran peace talks remain undecided, keeping oil markets volatile. U.S. Secretary of State Marco Rubio is positive a good deal will be reached but settling all details will require more time. The UK market returns after the spring bank holiday while in Europe the Stoxx 600 hits its highest level in more than two months, clawing back losses since the start of the Gulf conflict. Ferrari launches its first ever EV, the Luce, which is co-designed by former Apple CDO Jony Ive. We speak to CEO Benedetto Vigna who says the move is a daring new direction for the Prancing Horse. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Squawk Box's Joe Kernen and Becky Quick are in Washington, D.C., where President Trump will swear in Kevin Warsh as the Federal Reserve's next chair. The two are joined by House Oversight and Government Reform Committee Chairman Rep. James Comer (R-KY) to discuss his congressional probe into insider trading on Kalshi and Polymarket. Then, House Minority Whip Rep. Katherine Clark (D-MA) shares her thoughts on the Democratic agenda ahead of the November midterm elections, the DNC's 2024 election autopsy, and the affordability crisis. Plus, President Donald Trump said he postponed a signing ceremony for his administration's much-anticipated executive order on AI, and reports have unveiled more details about OpenAI's IPO filing. Rep. James Comer - 13:10 Rep. Katherine Clark - 26:13 In this episode: Rep. James Comer, @RepJamesComer Rep. Katherine Clark, @WhipKClark Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
It's Friday, May 22nd, A.D. 2026. This is The Worldview in 5 Minutes heard on 140 radio stations and at www.TheWorldview.com. I'm Adam McManus. (Adam@TheWorldview.com) By Adam McManus Pakistani Muslim man abducts and marries 14-year-old Christian girl A married Pakistani Muslim, 41-year-old Arshad Habib, who already had three wives, abducted a 14-year-old Christian girl on May 12th. He forcibly converted her to Islam and married her, exploiting her epilepsy and mental health vulnerabilities to sexually abuse her, reports Morning Star News. The girl's father, Abbas Masih, a daily wage laborer and member of a local Brethren church in Lahore, the Pakistani capital, said his daughter, Nisha, disappeared on May 12th while working as a domestic helper at a Muslim household. Police showed the father documents claiming Nisha had converted to Islam on February 15 and married Habib three days later. According to Open Doors, Pakistan is the eighth most oppressive country worldwide for Christians. Send a two-sentence letter of objection to Pakistani Ambassador Rizwan Sheikh, Pakistan Embassy, 3517 International Court NW, Washington, D.C. 20008. Jeff Bezos: We don't have a tax problem. We have a spending problem. Jeff Bezos, the founder of Amazon, gave CNBC co-anchor Andrew Sorkin a reality check on how ludicrous the Left's tax-the-rich scheme really is when measured up against the data during the May 20th edition of Squawk Box, reports NewsBusters.org. Sorkin tried cornering Bezos on the bevy of headlines in the media excoriating billionaires, decrying their wealth accumulation, and vilifying them for supposedly not paying their fair share in taxes. Bezos was not fazed. BEZOS: “I think what's going on is that it's kind of a tale of two economies. So, you have a bunch of people in this country who are doing really well. But you also have a bunch of people in this country who are struggling -- rent, groceries. “A nurse in Queens, who makes $75,000 a year, pays more than $12,000 a year in taxes. Does that really make sense? How about we start by having the nurse in Queens not pay taxes at all. “The bottom half of income earners in this country pay only 3% of the taxes. The top 1% of taxpayers pay 40% of all the tax revenue. We don't have a revenue problem in this country. We actually have a spending problem.” Jeff Bezos gave an example of how spending more money is not necessarily an iron-clad guarantee of fixing a problem. BEZOS: “The New York City school system: They spend $44,000 per student. That's 30% more per student than other big cities like Chicago, L.A., and Boston. And it's three times more than Miami and Houston. By the way, New York City doesn't get better outcomes. “If we ran Amazon the way New York City runs their school system, your packages would take six weeks to arrive, we'd have to charge you a $100 delivery fee, and then, when the package did finally arrive, it'd have the wrong item in it anyway.” Homosexual former Congressman Barney Frank died Former Democratic Congressman Barney Frank of Massachusetts, a self-avowed homosexual, died May 19th at the age of 86 after entering hospice care at his home in Maine last month due to congestive heart failure, reports The Western Journal. According to The New York Times, he came out of the sexual perversion closet publicly in an interview with The Boston Globe in the spring of 1987, saying, "If you ask the direct question: 'Are you gay?' the answer is: 'Yes. So what?' " He was the first open homosexual in Congress and the first one to be faux married in July 2012. Frank met his faux “husband,” Jim Ready, 30 years his junior, at a homosexual political fundraiser in Maine. Appearing on NBC's Meet the Press in March 2015, Congressman Frank was asked this question by Chuck Todd. TODD: “You're trying to answer this conundrum. Gay rights were once reviled publicly and Congress was revered. Now, those attitudes have flipped. How did that happen?” FRANK: “Our reality, as gay, lesbian, bisexual, transgender people, beat the prejudice. The essential mechanism is there, that we stopped hiding. And it turned out we weren't what the stereotype was. “There was a point when the notion that I could get married to Jim [Ready] while I was still in Congress, would have been the most bizarre possibility. And by the time I got married, someone said, ‘Well, was it controversial that you get married while you were still in Congress?' And the answer was, ‘Yes, it was. A lot of my colleagues were mad that they didn't get invited.'” TODD: (laughs) In an attempt to deflect from the importance of legislating morality on social issues, like homosexual faux marriage and abortion, Congressman Frank said, “The issue is not that morals be applied to public policy. It's that conservatives bring public policy to spheres of our lives where it should not enter.” But Proverbs 29:2 says, “When the righteous thrive, the people rejoice; when the wicked rule, the people groan.” Barney Frank retired from Congress in 2013 and went on to serve as a political commentator, writer, and public figure. Colorado teacher prohibited 7th grader from reading pro-life poem in class And finally, a Colorado teacher at Drake Middle School refused to allow a seventh-grade student to present her pro-life poem in class because it was deemed “offensive,” reports LifeSiteNews.com. GIRL: “My teacher assigned an assignment in class to write a slam poem about a conflict in the world that we are passionate about. I chose life. I chose this topic because it's important to me and my family. In my poem, I met all of the criteria. I got reputable resources. And I included everything that I needed in my poem.” The opening of the 13-year-old's poem said, “A life is a life, no matter how small. Seventy-three million people have been killed in one year when they are completely innocent humans. They never get to see the light of day before they are cast away. They did nothing wrong except exist and were dismissed. People say women need health care but never think how unfair. They kill baby for simply being there! The Word of God says [in Psalm 139:13], ‘You knit me together in my mother's womb.' How come we never listen to this and try to send them to the tomb?” The teacher reportedly tried to kick the girl out of class during other students' presentations which slammed the Second Amendment and championed sexual perversion. The girl's mother said her own mother became pregnant at age 14 and chose life, resulting in strong pro-life convictions in her own family. Close And that's The Worldview on this Friday, May 22nd, in the year of our Lord 2026. Subscribe for free by Spotify, Amazon Music, or by iTunes or email to our unique Christian newscast at www.TheWorldview.com. Plus, you can get the Generations app through Google Play or The App Store. I'm Adam McManus (Adam@TheWorldview.com). Seize the day for Jesus Christ.
Dave Rubin of "The Rubin Report" talks about Jeff Bezos shocking "Squawk Box's" Andrew Ross Sorkin with his brutally honest takedown of the tax policies of Zohran Mamdani and other Democratic Socialists who think they can improve the lives of the middle class with simple tax the rich policies; Jeff Bezos responding directly to Alexandria Ocasio-Cortez with some basic facts and math about how to become a billionaire; shocking footage of a wave of "teen takeovers" at multiple major cities where cops were helpless to stop the wave of youth crime; Nick Shirley telling Fox News' Will Cain why the walls are closing in on Ilhan Omar for her involvement in the widespread Minnesota fraud scandal in the Somali community; Acting Attorney General Todd Blanche getting a stunning crowd reaction in Miami when announcing the indictment of Raul Castro for the murder of the members of Brothers to the Rescue in 1996; Byron Donalds exposing of the hypocrisy of Democrats to the oppression of the Cuban people under communist rule; and much more. Dave also hosts a special "ask me anything" question-and-answer session on a wide range of topics, answering questions from the Rubin Report Locals community. Today's Sponsors: Polymarket -Go to http://polymarket.com to trade on the outcomes of live events from politics, pop culture, to sports and more!
Dave Rubin of "The Rubin Report" talks about Zohran Mamdani and Kathy Hochul quietly widening the net of who will be targeted by Mamdani's "tax the rich" plans by changing his controversial pied-à-terre tax from targeting homes worth $5 million to $1 million; Adam Carolla telling Robert F. Kennedy Jr. Gavin Newsom's most insane hypocrisy; the shocking appearance of Mark Cuban on stage with Donald Trump to promote TrumpRx to lower drug prices and prescription medication costs; Ro Khanna being unable to refute Squawk Box's Joe Kernen proving how Barack Obama's Iran nuclear deal backfired and grew Iran's nuclear program; CNN's Harry Enten sharing new polling data that should scare Thomas Massie about his challenge from Donald Trump endorsed Ed Gallrein; Elon Musk's first reaction to losing his lawsuit against Sam Altman concerning OpenAI and what he plans to do next; and much more. Join me for a LIVE Event with Governor Ron DeSantis, plus special appearances by Ben Shapiro, Jillian Michaels, and Adam Carolla on June 11th! Get Tickets Here: https://daverubin.com/events WATCH the MEMBER-EXCLUSIVE segment of the show here: https://rubinreport.locals.com/ Check out the NEW RUBIN REPORT MERCH here: https://daverubin.store/
Sen. Chris Murphy backpedaled, claiming his tweet was sarcasm, while President Trump was on Squawk Box discussing how the media is still stumping for Iran. Visit the Howie Carr Radio Network website to access columns, podcasts, and other exclusive content.