5 Things to Know Before the Opening Bell 11/13/2025

After Fed Chair Jay Powell’s comments on Friday, investors are hopeful that the Federal Reserve is done hiking interest rates, and the interest rate environment has led to highs in the Dow Jones Industrial Average, gold prices, and bitcoin. Restaurateur Cameron Mitchell shares his consumer’s spending habits in the inflationary environment, including new trends in how Americans are dining out. Plus, Israeli forces announced an expansion of ground attacks against Hamas in Gaza, Yemen’s Iran-backed Houthi military group attacked commercial vessels in the Red Sea, and the US Senate is in the midst of heated negotiations to pass aid packages to Israel and Ukraine. Senator Roger Marshall (R-Kansas) explains his perspective on Washington’s priorities, balancing geopolitical obligations of emergency aid in warzones and domestic goals like border security.  Sen. Roger Marshall - 13:20Cameron Mitchell - 22:13 In this episode:Sen. Roger Marshall, @RogerMarshallMDAndrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

4 Dec 202329min

He was irreverent, he was focused, he was one of the world’s most successful investors.  And he was one of a kind. Billionaire investor Charlie Munger - the longtime right-hand man and close friend of Berkshire Hathaway CEO Warren Buffett  - died at age 99, a few weeks shy of what would have been his 100th birthday.. Becky Quick, Squawk Box co-host, interviewed Munger two weeks before his death. She traveled to his home in Los Angeles for a discussion on how to live a long life, pragmatic investing and the stunning advancements of the last century.  This would be their final conversation. Charlie Munger: These ‘basic rules’ made me successful in life—‘with Warren Buffett, I had all 3’Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. MungerThe Warren Buffett Archive Revisit our 2021 Squawk Pod series, Warren Buffett and Charlie Munger: A Wealth of Wisdom Read more about Charlie Munger’s legacy:Charlie Munger, investing genius and Warren Buffett’s right-hand man, dies at age 99Munger in final interview describes how he and Buffett turned Berkshire Hathaway into such a successHow Munger and Buffett’s 60-year partnership was so special: ‘Charlie and I have never had an argument’Charlie Munger’s sharp wit turned Berkshire meetings into uproarious affairsA ‘true master of investing:’ Top value investor on how Charlie Munger changed the craftCharlie Munger’s greatest bits of investing advice from over the yearsThe investing world reacts to death of Berkshire legend Charlie Munger Follow Becky Quick on X: @beckyquick Squawk Pod is produced by Katie Kramer, Cameron Costa, Karoline Rouhotas and Zach Vallese.  CNBC’s Managing Editor is Lacy O’Toole. John Lazration edited this podcast series.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

2 Dec 202333min

“I’m an accidental guru.” This is the second episode of a series remembering and celebrating billionaire investor Charlie Munger. At age 99, the right-hand man to Berkshire Hathaway Chairman Warren Buffett sat down with Becky Quick in what became their last interview together - after years of Becky covering the company and facilitating shareholder questions at the raucous Berkshire Hathaway Annual Meetings. Munger passed away two weeks after this interview was recorded, just a month shy of his 100th birthday. In this extended audio version of that final CNBC interview, Charlie Munger reflects on his century of life, the childhood traumas that shaped him, the investing wins and losses that made his career, and the perspective and knowledge he gained in his final years.  Follow Becky Quick on X: @beckyquick Squawk Pod is produced by Katie Kramer, Cameron Costa, Karoline Rouhotas and Zach Vallese.  CNBC’s Managing Editor is Lacy O’Toole. John Lazration edited this podcast series.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

2 Dec 202345min

Chris Krebs, cybersecurity expert and former CISA Director, explains the online threats from China, Russia, and others, as the 2024 election draws nearer. As respiratory illnesses surge in Ohio and in China, Dr. Kavita Patel, Stanford University Professor of Medicine and former White House official, discusses the global health surveillance system set in place since the Covid-19 pandemic. Plus, the temporary ceasefire in the Israel-Hamas War has ended. Other headlines today: Tesla’s Cybertrucks are out for delivery (finally), X’s ad executive Linda Yaccarino is speaking to advertisers in the aftermath of Elon Musk’s “x-pletive,” Disney is gearing up for a proxy fight with Nelson Peltz’s Trian, and PGA Tour Commissioner Jay Monahan opened up to Andrew Ross Sorkin about his mental health at this year’s NYT DealBook Summit.  Dr. Kavita Patel - 18:45Chris Krebs - 24:26 In this episode:Dr. Kavita Patel, @kavitapmdAndrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

1 Dec 202332min

Elon Musk’s interview with Andrew Ross Sorkin at the NYT DealBook Summit has gone viral, in part thanks to Musk’s message to advertisers pulling their ad spend from his platform: “Go f— yourself.” In a wide-ranging interview, the X owner and Tesla CEO apologizes for the post on X, FKA Twitter, responding to an antisemitic post. He discusses his own mental health, his trip to Israel, his original vision for OpenAI when he co-founded and named it, and so much more. Andrew Ross Sorkin recaps the highlights of that interview with Becky Quick and Joe Kernen. Plus, former House Speaker Paul Ryan is not holding back. He says he doesn’t want former President Donald Trump to return to the White House, and he calls Presidential hopeful Nikki Haley a “growth stock.” For more of Andrew’s conversations at The New York Times DealBook Summit, check out NYT’s full coverage. Paul Ryan - 16:38 In this episode:Elon Musk, @elonmuskPaul Ryan, @SpeakerRyanAndrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkCameron Costa, @CameronCostaNY  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

30 Nov 202335min

Academy Award-winning producer and bestselling author Brian Grazer is out with a new book, “A Curious Mind Expanded: The Secret to a Bigger Life.” The creative behind “A Beautiful Mind,” “Apollo 13, “Arrested Development,” and “The DaVinci Code,” among others, weighs in on Hollywood’s strikes, AI in art, and the ways he keeps his mind curious and growing. Two Federal Reserve governors are pointing to the end of rate hikes, Mark Cuban is selling his stake in the Dallas Mavericks, and Disney CEO Bob Iger is downplaying speculation that the entertainment giant is selling some of its assets. Plus, at age 99, investing legend Charlie Munger has died. The longtime friend of Warren Buffett and iconic Berkshire Hathaway Vice Chair was just a month shy of his 100th birthday. Becky Quick, who spent hours interviewing him just two weeks ago, reflects on his decades of leadership, and his ageless razor sharp wit and wisdom. And, stay tuned to your feed for an upcoming special podcast series – we'll bring you the full audio of 99-year-old Charlie Munger’s final CNBC interview. Brian Grazer - 10:46Charlie Munger - 19:59 In this episode:Brian Grazer, @BrianGrazerJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

29 Nov 202325min

Amid a ceasefire in the Israel-Hamas War, Elon Musk visited Israel for a meeting with Prime Minister Netanyahu and other Israeli officials. The trip comes as advertisers raise concerns about posts from the X owner and Tesla chief on Musk’s own platform, formerly known as Twitter. His response to an antisemitic tweet on X alarmed many, and executive consultant Eric Dezenhall says Musk’s trip to Israel might quell some of the public concern about his views. CNBC’s Beijing Bureau Chief Eunice Yoon is stateside for the first time in four years, and she offers a look inside the Chinese perspective on America, President Biden, and President Xi. Plus, China is preparing for a huge Shein IPO, Republican donors are considering backing Nikki Haley in her bid for President, and AI is showing up in Sports Illustrated.  Eric Dezenhall - 09:57Eunice Yoon - 23:39 In this episode: Eric Dezenhall, @EricDezenhallEunice Yoon @onlyyoontvJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

28 Nov 202333min

Black Friday’s first NFL game was a big score for advertisers, who bet on sports viewers going shopping on Amazon, either during or after the game. EDO Inc. President and CEO and former digital advertising executive Kevin Krim discusses Cyber Monday and Black Friday advertising, including the retail advertising wins on field and off. Silicon Valley Congressman Ro Khanna (D-California) underscores his main concerns in the aftermath of OpenAI’s board-led implosion. Rep. Khanna is pushing for more transparency from innovators and technologists, and he suggests creating an AI agency in the federal government. Plus, as the Israel-Hamas War ceasefire extends, Rep. Khanna weighs in on geopolitics in the region. Also in Israel, the country is hosting Elon Musk today, and it’s eyeing a deal for Starlink communications in the Gaza strip.  Rep. Ro Khanna - 12:50Kevin Krim - 25:31 In this episode:Ro Khanna, @RepRoKhannaKevin Krim, @kevinkrimJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

27 Nov 202333min