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Power Lunch

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  • Home furnishing sellers are among the many retailers hoping for a strong Holiday shopping season. But--will they get their wishes or be unpleasantly surprised this Christmas? 

  • There’s legislation being debated in the U.S. Senate on whether to allow more oil drilling in the Gulf of Mexico. It's not just the oil--but the oil revenues coming in that's a big part of this. The benefit for nearby states is the chance of collecting federal royalties – as much as $650 million for each state.

  • OPEC could make oil production cuts for the second time this year--so says the Saudi Oil Minister Ali Naimi. He says supply continues to outweigh demand. But it's not a done deal. The oil organization could wait until their December meeting in Nigeria-- to assess the impact of the October cuts--before cutting even more production

  • Is the dropping U.S. dollar causing the stock sell off today?  Yes--says Gina Sanchez. She's  portfolio manager for the California Endowment.

  • Holiday shopping got off to a strong start over the week-end with upscale department stores looking like early winners.  And  it's not just grownups who have their hearts set on something luxurious. Kids are going upscale, too.

About

CNBC's Sue Herera and Tyler Mathisen take you through the heart of the business day with intelligent and lively debate on the day’s biggest stories, whether they originate on Wall Street or in Washington. "Power Lunch" delves into the economy, the markets, real estate, media and technology –- anywhere there’s money to be made. "Power Lunch" also takes you outside the studio and into some of the hottest spots where news is being made, broadcasting live from conferences, trade shows and even restaurants where the real power lunches are taking place.

Contact

  • Showtimes

    United States
    Monday - Friday 1:00P ET
    Europe
    Monday - Friday 18:00 CET
    Asia
    Tuesday - Saturday 02:00 SIN/HK
  • Herera is a founding member of CNBC, helping to launch the network in 1989. She is co-anchor of "Power Lunch."

  • Mathisen is a co-anchor on CNBC's "Power Lunch" and is also the Vice President for Strategic Editorial Initiatives at CNBC.

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