5 Things to Know Before the Opening Bell 9/12/2025
Squawk Pod
CNBC
4.2 • 543 Ratings
🗓️ 12 September 2025
⏱️ 2 minutes
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| 0:00.0 | Hi, I'm Joe Kernan, co-host a Swackbox. |
| 0:04.6 | Today, I'm with Becky Quick, and this is five things to know before today's opening bell. |
| 0:10.6 | Lawyers for President Trump asking a federal appeals court to let his bid to fire Fed Governor Lisa Cook |
| 0:17.0 | take effect before next week's rate-setting meeting. |
| 0:20.7 | Department of Justice officials |
| 0:22.8 | want the court to rule by Monday afternoon. Meant time report from our own Steve Leasman says |
| 0:28.6 | the Treasury Secretary Scott Besson met with several candidates to be the next Fed chair. He's met |
| 0:34.1 | with them in recent days, among them. Former Fed official Larry Lindsay. |
| 0:39.1 | Good. Kevin Warsh. Good. And James Bullard, like all three of those. A Treasury source said |
| 0:44.7 | Bessent will wait until the FOMC blackout period ends next week to interview sitting Fed officials. |
| 0:52.3 | What was the story recently that said it was down to three again? |
| 0:55.2 | Was that, I didn't see that. |
| 0:57.0 | I don't listen. |
| 0:58.0 | I've given up on, yeah, all right, we'll see. |
| 1:00.0 | Either 12 or three. |
| 1:01.1 | Shares of Adobe or higher, earnings and revenue, guidance, |
| 1:06.9 | top, and guidance, topped estimates. |
| 1:09.2 | And meanwhile, shares of RH formerly., formerly known as Restoration Hardware, under pressure revenue, fell short, |
| 1:15.5 | and the company cut its full year guidance, citing continued tariff uncertainty. |
| 1:19.8 | It had affirmed that guidance just three months ago, so it did not reaffirm in this case. |
| 1:26.3 | The company said the new forecast does not take into account the tariff investigation into |
| 1:32.1 | furniture entering the United States that Trump, that the president announced last month. |
... |
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