CNBC Business News Update - Market Close: Stocks Mixed, Bitcoin Below $95,000, Some Think Fed Will Not Cut Interest Rates Next Month 11/14/25

Episode Date: November 14, 2025

From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

I'm Jessica Eddinger, CNBC. Wall Street opens Monday morning after a mixed week for stocks. Some investors on Friday bought some dips from the midweek sell-off. The Dow fell 309 points on Friday. That was a recovery from a 600-point drop. United Health shares let it lower Friday. They were down 3%. The S&P 500 indexed down 3. The NASDAQ was up 30. Shares of Nvidia on Friday were, We're up almost 2%. Fascinating week, the index is being basically flat, which is remarkable considering the gyrations along the way. That's CNBC's Mike Santoli Bitcoin on Friday fell below 95,000. Some investors are thinking the fed's not going to cut interest rates next month.

Inflation data weren't released in the government shutdown and alternate data show it's rising. Outside of just tariff-induced inflation, it's also inflation related to pockets of labor market shortages that we're seeing in things like. in-home elder care, daycare, the child care crisis, where immigrants play an outsized role in that part of the economy. Most people just look at the level of prices and the bottom line is the level of prices is out of reach given their incomes. That's KPMG economist Diane Swank on CNBC with CNBC's Contessa Brewer. You're looking at in-home elder care going up at its fastest rate on record in September in CPI. We had daycare up at its third. third fastest pace on record. I mean, those are real costs that people have to pay. And then when

they go to Walmart to try to buy groceries, they're thinking, well, which do I pay for? Big retail names set to report quarterly results in the coming week as they get ready for the holiday sales rush with Thanksgiving and Black Friday less than two weeks away. It's going to be a pivotal week. And there's a lot of focus on retail. Let's show you what's coming. It starts with Home Depot on Tuesday. But then you get Target T. TJX and Lowe's on Wednesday. Walmart. Ross Gap, Bath and Body, BJ's finally on Friday. CNBC's Scott Wapner, meantime Walmart's CEO Doug McMillan will retire in January. Putting that stock under a little pressure on Friday, McMillan's been in the top job for a long time.

He has been in charge for more than 12 years. During that time, Doug McMillan has more than quadrupled Walmart's market cap. He's also set the company up for continued growth. He's been seen as somebody who is a visionary leader, adding a lot of digital capacity, changing things in the stores. He, you know, raised the salaries for people and refurbished the stores at a time when it was not popular on Wall Street. There was a big revolt when he first announced that. He's only 59. I am told that this was his choice.

I believe it because I can't imagine anybody wanting to chase him out of there. CNBC's Becky Quick. PepsiCo cutting 500 jobs at two Frito-Lay locations in Florida. dive says the closures are because of a slowdown in snack sales. Tarani says Forest Pine is the 2026 flavor of the year for your coffee or cocktail, a fusion of pine, ginger, and sage. Consumers are looking for botanical flavors. Lavender became very popular. Tarani syrups are in world market and online. Shark Nato 7 on the way. Variety says production begins in the next few weeks on the latest in the cheese.

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