Nightly Business Report

Markets are set to close out a down week with another big drop. The Dow has dropped below 30,000, and falling below the June lows too. We’ll tell you all you need to know. Plus, it’s not just stocks falling today. Oil is dropping too, now below $80 per barrel for the first time since January. Is $60 the next stop? We’ll debate. And, we’ll give you some advice on how to survive higher rates in our latest edition of ‘3 Buys And A Bail.’

Wall Street is reacting to another big rate hike from the Fed. It’s going to hit every aspect of the economy, from debt, to housing and the markets. We’ve got all the angles covered for you. Plus, Tech stocks are taking the brunt of rising rates, with the Nasdaq down 10% in just one month. But does that mean it’s time to buy? We’ll debate. And, FedEx shocked the business world with its dire revenue warning. But now the company officially reports. Will it change the game? We’ll explore.

It’s decision day for the Fed. In just an hour’s time, we’ll find out if they will raise interest rates another half, ¾ or even a full 1%. And more importantly, we’ll find out what they expect to have to do in the future to keep fighting inflation. We’ll have every angle covered ahead of that decision, including what it means for the economy, housing and stocks.

We’re just 24 hours away from the latest Fed decision, and rates are rocking. 11-year highs for the 10-year yield; and 15-year highs for the 2-year yield. And that’s going to be a huge hidden ‘tax’ on tens of millions of Americans. We’ll explain why. Plus, FedEx just warned of a serious economic pullback. But a lot of other companies disagree. Who’s right? We’ll debate. And, Beyond Meat shares have been ‘beyond’ bad. Shares have wiped out 85% of their value this year, and now the COO is involved in a personal scandal. We’ll get the latest on this bizarre story.

The two biggest stories of the day: rates & markets. Guggenheim’s Scott Minerd is the perfect person to talk about both, and he joins us all hour! Plus, will the Fed go for a full point rate hike this week? Or will it be less this time and more down the road? We’ll debate. And, in good times & bad, there’s always opportunity somewhere. We’ll try to help you find it.

FedEx just shocked Wall Street with a big time warning. The stock is now on pace for it’s worst day ever. Is this a bad sign for the economy, or just a company problem? We’ll debate. Plus, as stocks get set to close out their 4th negative week in 5, our trader has 3 names to buy, and one name to avoid in a special “3 Buys & A Bail: Volatility Survival Edition.”

The rail industry is back on track, agreeing on a tentative labor deal to avoid a strike. Now oil & natural gas prices are falling sharply as the risk premium comes out. We’ll bring you the energy impact. Plus, we’re a week away from the next Fed meeting, and markets seem split on what they want vs. what the economy needs. We’ll debate who’s right, who’s going to win, and what it means for your money. And, cable TV is the new ‘cable TV’ as streaming services fight to get even bigger to offer customers more choices. We’re calling it the ‘re-bundling of television’, and we’ll explain what it means for you.

Stocks are coming off of their 7th-biggest point drop in history. But some say bargains are now abound. We’ll talk to the pro’s about what they’re buying now. Plus, there are still some bright spots in the market, including Cheniere Energy. We’ll speak to the CEO as it extends its winning streak. And, rising rates are usually good for banks. But inflation, not so much. Our analyst explains why the smaller lenders are the place to be right now.

Today’s hotter-than-expected CPI data helping snap a 4-day winning streak for stocks. Inflation showing no signs of slowing down, as many prices we pay are actually continuing to rise – from housing, to food & more. We’ll look at how inflation is hitting every area of the economy, and what it means for you & your portfolio.

Stocks are higher for a fourth straight day, bucking the historical September trend. So what do you buy here: Growth or Value? We’ll hear from an expert who says you can buy both right now. Plus, Uber is on the upswing, with shares up nearly 60% since July 1. We’ll hear from the CEO live on everything from food delivery to self-driving and more. And, there are new signs inflation may be slowing in some areas. We’ll explain how inflation could change in a big way by the time the holiday season rolls around.

Stocks are higher today and on pace to close out a strong week, despite even more hawkish Fed speak. But can the Fed actually get inflation under control without crushing the housing market? We’ll debate. Plus, California is on the brink of an energy crisis, facing shortages and flipping its stance on nuclear. We’ll dig into where the state went wrong. And, we’ll give you a brand new “3 Buys & A Bail”, focused on each kind of economic recovery we might see ahead.

Listen to the day's top stories, the must reads & a whole lot more for today's modern investor.

Apple’s product event is kicking off in Cupertino, where Tim Cook is expected to unveil the new iPhone 14 and more. We’ll bring you all the headlines, and look at whether it can spur sales enough to boost the stock. Plus, the Nasdaq is on pace to snap its longest losing streak in 6 years. But our expert says it’s still not time to jump into Tech yet. He’ll explain why he’s sticking with “steady” stocks for now. And, shares of Academy Sports + Outdoors are jumping despite posting lower profits & sales. The CEO joins us to talk the retail environment and the consumer.

Could Europe’s energy crisis soon turn into a financial crisis? We’ll tell you why it could, who’s most exposed, and why it might be good news for U.S. companies. Plus, the countdown is on to Apple’s big event. We’ll take a closer look at what to expect, and how to position. And, we’ll talk to the CEO of Trex about how demand has slowed as the home improvement boom subsides, and how he’s managing changing market dynamics after a record run.

Listen to the day's top stories, the must reads & a whole lot more for today's modern investor.

Stocks are down for the 5th straight day. The Nasdaq is down more than 8% in that time, and the list of market worries is growing even longer now. We’ll bring you the latest details. Plus, the August jobs report is due out tomorrow. Will the labor market continue to be strong? And what does that mean for the market? We’ll explore. And, we’ll bring you the action, the story and the trade in Broadcom, PagerDuty and Lululemon ahead of results on deck in ‘Earnings Exchange.’

Volatile trading in the session, but one investor says the market has fallen too far, too fast. We get the moves he’s making now. The RBC analyst who recently initiated coverage on defense stocks tells us his top pick and what will boost the sector in both the near- and long-terms. Plus, Pure Storage, Five Below, and Signet quarterly results are on deck. We tell you what to watch and how to trade it.

Stocks are lower again today, with all 3 averages on pace to finish August in the red. But one portfolio manager is heeding Warren Buffett’s advice to “be greedy when others are fearful.” He’ll tell us where he’s seeing opportunities. Plus, violent clashes in Iraq, a potential flood of Iranian oil, Germany’s rapid Nat Gas buildup and strong U.S. data are all whipsawing the energy complex. We’ll get the geopolitical implications, and what’s next for prices. And, we’ll bring you the action, the story and the trade in Crowdstrike, ChargePoint and Chewy ahead of results on deck in Earnings Exchange.

A noted value investor is picking up a pretty expensive chip stock, he tells us why. Options activity reveals the bulls are staying with this year’s top-performing sector, while there’s still no love for one of the laggards. Plus, in Earnings Exchange: is China tech turning around? Can an electronics retailer keep its head above water? And why inventories are a concern for one discounter.

Fed Chair Jerome Powell delivered a very hawkish speech in Jackson Hole, hinting that a big rate hike could be coming and warning of more pain ahead for the economy. But what exactly does that pain look like? And how should you position your portfolio? We’ll discuss. Plus, Tech stocks are getting hit particularly hard on the prospect of more rate hikes. But one expert says stick with it. He’ll join us to explain why. And, we’ve got a special Jackson Hole Edition of ‘3 Buys & A Bail’ – including the one stock Gina Sanchez says you need to own now.