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Squawk Box
''Squawk Box'' is an American business news television program that airs from 6 to 9 a.m. Eastern Time Zone, Eastern time on CNBC. The program is co-hosted by Joe Kernen, Rebecca Quick, Becky Quick, and Andrew Ross Sorkin. Since debuting in 1995, the show has spawned a number of versions across CNBC's international channels, many of which employ a similar format. The program title originates from a term used in Investment banking, investment banks and stock brokerages for a Squawk box, permanent voice circuit or intercom used to communicate stock deals or sales priorities. It also may refer to the squawk of a bird, like a peacock, which is the logo of CNBC. Format Dubbed "our pre-game show" by regular co-host Joe Kernen, ''Squawk Box'' features early-morning analysis of and breaking news from the financial markets, along with considerable banter between the hosts and their guests – original host Mark Haines stressed the need to "inject a little fun" into business news in the ...
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Business Journalism
Business journalism is the part of journalism that tracks, records, analyzes, and interprets the business sector, business, Economy, economic and finance, financial activities and changes that take place in societies. wikt:topic, Topics widely cover the entire purview of all commerce, commercial economic activity, activities related to the economy. This area of journalism provides news and feature Article (publishing), articles about people, places, and issues related to the business sector. Most newspapers, magazines, radio, and television-news shows include a business segment. Detailed and in-depth business journalism may appear in publications, radio, and television channels dedicated specifically to business and financial journalism. History Business journalism began as early as the Middle Ages, to help well-known trading families communicate with each other. Around 1700, Daniel Defoe—best known for his novels, especially ''Robinson Crusoe''—began publishing business ...
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Investment Banking
Investment banking is an advisory-based financial service for institutional investors, corporations, governments, and similar clients. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by underwriting or acting as the client's agent in the issuance of debt or equity securities. An investment bank may also assist companies involved in mergers and acquisitions (M&A) and provide ancillary services such as market making, trading of derivatives and equity securities FICC services (fixed income instruments, currencies, and commodities) or research (macroeconomic, credit or equity research). Most investment banks maintain prime brokerage and asset management departments in conjunction with their investment research businesses. As an industry, it is broken up into the Bulge Bracket (upper tier), Middle Market (mid-level businesses), and boutique market (specialized businesses). Unlike commercial banks and retail banks, inves ...
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Steve Liesman
Steve Liesman (born May 21, 1963) is an American journalist, senior economics reporter for the cable financial television channel CNBC. He is known for appearing on the CNBC programs ''Squawk Box'' and other business related topics on CNBC and NBC and using a paper "easel" while explaining the state of the United States economy. Liesman won an Emmy Award for his coverage of the U.S. financial crisis. He shared the Pulitzer Prize for International Reporting in 1999, recognizing ''Wall Street Journal'' coverage of the Russian financial crisis. Liesman wrote the first story in the series, "Missteps by Moscow, New Asian Turmoil Set Off Russian Crisis" (June 5, 1998), and contributed to at least one other; the prize was presented to Andrew Higgins and Liesman. Biography Liesman was born in Bronxville, New York, the son of Bernice "Bunny" and Marvin Liesman. Liesman attended Edgemont Junior – Senior High School in Edgemont, New York, received a bachelor's degree in English from ...
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Rick Santelli
Rick John Santelli (born July 6, 1956) is an American editor for the CNBC Business News network. He joined CNBC as an on-air editor on June 14, 1999, reporting primarily from the floor of the Chicago Board of Trade. He was formerly the vice president for an institutional trading and hedge fund account for futures-related products. He is also credited as being a catalyst in the early formation of the Tea Party movement via a statement he made on February 19, 2009. Early life and education The grandson of four Italian immigrants, Rick John Santelli was born near Taylor Street in Chicago's old Italian neighborhood and moved with his family to Lombard, Illinois at age six. After graduating from Willowbrook High School in Villa Park, Illinois, Santelli attended the University of Illinois at Urbana–Champaign, where he was a member of the Alpha Sigma Phi fraternity and graduated with a Bachelor of Science in economics in 1979. Career Financial In 1979, he joined the Chicago Mercan ...
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New York Mercantile Exchange
The New York Mercantile Exchange (NYMEX) is a commodity futures exchange owned and operated by CME Group of Chicago. NYMEX is located at One North End Avenue in Brookfield Place in the Battery Park City section of Manhattan, New York City. The company's two principal divisions are the New York Mercantile Exchange and Commodity Exchange, Inc (COMEX), once separately owned exchanges. NYMEX traces its history to 1882 and for most of its history, as was common of exchanges, it was owned by the members who traded there. Later, NYMEX Holdings, Inc., the former parent company of the New York Mercantile Exchange and COMEX, went public and became listed on the New York Stock Exchange on November 17, 2006, under the ticker symbol NMX. On March 17, 2008, Chicago based CME Group signed a definitive agreement to acquire NYMEX Holdings, Inc. for $11.2 billion in cash and stock and the takeover was completed in August 2008. Both NYMEX and COMEX now operate as designated contract marke ...
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Sharon Epperson
Sharon Emily Epperson (born April 12, 1968) is a senior personal finance correspondent for CNBC. She also appears on NBC News shows, ''Today'' and ''NBC Nightly News''. Early life and education Epperson is the daughter of David E. Epperson and Ceceila T. Epperson, a retired schoolteacher in the Pittsburgh Public School System, last teaching at Lincoln Elementary School in Pittsburgh. Her grandfather was a steelworker. Her father, now deceased, was Dean of the School of Social Work at the University of Pittsburgh for nearly 30 years and was the first African-American dean at the school. Epperson graduated from Pittsburgh's Taylor Allderdice High School in 1986 and was inducted into their alumni hall of fame in 2011. She served a summer internship at the age of 18 in the Pittsburgh Press library department. Epperson holds a bachelor's degree in sociology and government from Harvard University, a master's degree in international affairs from Columbia University, and an honorary ...
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Politics
Politics () is the set of activities that are associated with decision-making, making decisions in social group, groups, or other forms of power (social and political), power relations among individuals, such as the distribution of Social status, status or resources. The branch of social science that studies politics and government is referred to as political science. Politics may be used positively in the context of a "political solution" which is compromising and non-violent, or descriptively as "the art or science of government", but the word often also carries a negative connotation.. The concept has been defined in various ways, and different approaches have fundamentally differing views on whether it should be used extensively or in a limited way, empirically or normatively, and on whether conflict or co-operation is more essential to it. A variety of methods are deployed in politics, which include promoting one's own political views among people, negotiation with other ...
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Financial Market
A financial market is a market in which people trade financial securities and derivatives at low transaction costs. Some of the securities include stocks and bonds, raw materials and precious metals, which are known in the financial markets as commodities. The term "market" is sometimes used for what are more strictly ''exchanges'', that is, organizations that facilitate the trade in financial securities, e.g., a stock exchange or commodity exchange. This may be a physical location (such as the New York Stock Exchange (NYSE), London Stock Exchange (LSE), Bombay Stock Exchange (BSE) or Johannesburg Stock Exchange ( JSE Limited)) or an electronic system such as NASDAQ. Much trading of stocks takes place on an exchange; still, corporate actions (mergers, spinoffs) are outside an exchange, while any two companies or people, for whatever reason, may agree to sell the stock from the one to the other without using an exchange. Trading of currencies and bonds is largely on a ...
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Breaking News
Breaking news, also called late-breaking news, a special report, special coverage, or a news flash, is a current issue that warrants the interruption of a scheduled broadcast in order to report its details. News broadcasters also use the term for continuing coverage of events of broad interest to viewers, attracting accusations of sensationalism. Formats Breaking news has been common to U.S. mass media since the 1930s, when the mass adoption of radio allowed the public to learn about new events without the need to print an extra edition of a newspaper. Television When a news event warrants an interruption of current non-news programming (or, in some cases, regularly scheduled newscasts), the broadcaster will usually alert all of its affiliates, telling them to stand by for the interruption. The network's feed will then switch to a countdown sequence, to allow any affiliated stations to switch to the network feed. If a national network newscast is in progress when the brea ...
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The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ...
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Pre-game Show
A pre-game, pregame, or pre-match show is a television or radio presentation that occurs immediately before the live broadcast of a major sporting event. They typically feature previews and analysis relating to upcoming games (either a larger fixture, or a single game), including panel discussions, reports filed from the sites of the day's game, interviews with players and other personnel (such as coaches), and other feature segments. The networks that broadcast the NFL were the first networks to create and air pre-game shows. CBS was the first to broadcast a sports pre-game show in 1964, when the network launched a 15-minute regional sports program that interviewed players and coaches and featured news and features about the league. The show aired immediately before games on CBS. The show originated in studio and live from the fields, and featured broadcaster Jack Buck. In 1967, the show grew to 30 minutes in length and in 1976, aired a new 90-minute “Super Bowl Special” befo ...
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Peacock
Peafowl is a common name for two bird species of the genus '' Pavo'' and one species of the closely related genus '' Afropavo'' within the tribe Pavonini of the family Phasianidae (the pheasants and their allies). Male peafowl are referred to as peacocks, and female peafowl are referred to as peahens. The two Asiatic species are the blue or Indian peafowl originally from the Indian subcontinent, and the green peafowl from Southeast Asia. The third peafowl species, the Congo peafowl, is native only to the Congo Basin. Male peafowl are known for their piercing calls and their extravagant plumage. The latter is especially prominent in the Asiatic species, which have an eye-spotted "tail" or "train" of covert feathers, which they display as part of a courtship ritual. The functions of the elaborate iridescent coloration and large "train" of peacocks have been the subject of extensive scientific debate. Charles Darwin suggested that they served to attract females, and the ...
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